Tag: asset-based loans

How an Asset-Based Loan for Your Small Business Can Benefit You

Are you a small business owner seeking to expand your operations, then you’ll need increased cash flow and the assurance of liquidity. Many companies are in dire need of working capital just to ensure business operations run smoothly. To meet these requirements, consider using your assets as collateral and get an asset-based loan for small businesses with Capetown Capital Lenders.

Use an asset-based loan for small businesses to trade your unwanted jewelry for cash.

Use an asset-based loan for small businesses to trade your unwanted jewelry for cash.

Get an Asset-Based Loan for Your Small Business

Traditional business loans are typically limited to medium-scale and large-sized companies. And, the process to get a traditional loan involves time-consuming paperwork, credit checks and long wait times for approval.

If you have a small business, you’re used to finding creative solutions to problems, so use the assets you already have to get a loan at Capetown Capital Lenders. Our jewelry asset-based loans for small businesses give you freedom and flexibility in financing your business.

How Much Can You Borrow?

Your jewelry asset qualifies you for a certain amount of money to borrow, known as the borrowing base.

You calculate the borrowing base value for a loan by the designer, style and materials of your jewelry. You’ll make more money with a designer piece because they are constantly in high demand. Bring your designer jewelry’s original paperwork or packaging into Capetown Capital Lenders, and increase the value of your loan.

Jewelry asset-based loans for small businesses are faster to obtain than conventional loans, and require less documentation. They also guarantee financial stability, especially if your company is going through tough times. Experts rightly say that asset-based loans are the best way to withstand turbulence in the industry right now.

 

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If you want to learn more about a jewelry asset-based loan for small businesses, contact Capetown Capital Lenders today!

How to Borrow Money Without a Credit Check

Why Credit Checks Can Slow Things Down

Do you need to borrow money but a credit check is preventing you from getting a loan? If you’re looking to get a bank loan, then it is mandatory that they check your credit and employment verification. Many banks will reject loans on the basis of poor or insufficient credit. In addition, a bank will also check your income. Not only are these checks likely to get your loan rejected, they can also add an extra week or two to the entire loan process.

Banks will reject loans because of poor credit. If you want to borrow money without a credit check, you should get a jewelry equity loan!
Banks will reject loans because of poor credit. If you want to borrow money without a credit check, you should get a jewelry equity loan!

Banks tend to be very selective about who they lend money to. This means that you could go through all of the verification processes and still get rejected after two weeks because of insufficient credit. This is an extremely frustrating process for people who want to get funds quickly without going through any unnecessary hassle. However, you can get a jewelry equity loan from Diamond Banc today without ever having to go through a credit check, employment or financial history!

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