Asset-based loans are unsecured personal loans that use the borrower’s assets as collateral. These loans are typically used to consolidate debt but can also be used for other purposes.
All loan programs are intended for business or investment purposes only unless otherwise specified.
Asset-based loans are sometimes secured personal loans or home equity loans. They differ from traditional unsecured personal loans because they don’t require the borrower to put down a cash deposit. This means that you’ll likely qualify for a lower interest rate and better terms than you would with an unsecured lender.
Yet persuaded? Contact our professional specialist staff right now to submit an application for a Asset-Based hard money loan from a reputable lender.
3–36 months (interest-only options available)
Up to 70–85% ARV
Typically 1–4 points
Standard third-party fees apply
Typically range from 8.99% – 16.99% depending on the loan scenario
All terms vary based on borrower qualifications, property type, and market conditions
Rates, terms, and fees vary based on borrower qualifications, property type, and market conditions. Loan terms may include interest-only payments, origination fees, closing costs, and third-party fees. Business-purpose loans only.
