ASSET-BASED LOAN

When your business needs working capital or financing to support growth, Queen Gate Bank and Trust’s Asset-Based Loans provide a flexible and efficient solution. These loans are designed to leverage your business assets, such as accounts receivable, inventory, or equipment, as collateral to secure the funding you need. With competitive rates and tailored terms, we can help you unlock the full potential of your assets.

Why Choose Queen Gate's Asset-Based Loans?

Quick Access to Capital:

Asset-Based Loans provide a fast way to access working capital without the lengthy approval processes associated with traditional loans.

Flexible Financing:

We understand that businesses have unique needs. Our loans are structured to provide flexibility in terms of borrowing limits and repayment schedules.

Maximize Asset Value:

By using your business assets as collateral, you can maximize their value to secure the financing necessary for your operations or expansion.

Expert Guidance:

Our experienced team will work closely with you to structure the loan to meet your specific requirements and provide guidance throughout the process.

Types of Asset-Based Loans

At Queen Gate Bank and Trust, we offer a range of Asset-Based Loans to cater to different business needs

Accounts Receivable Financing

Use your outstanding invoices as collateral to secure a revolving line of credit, ensuring that you have access to funds to cover operational expenses.

Asset-Based Lines of Credit

Establish a revolving line of credit backed by your business assets, providing ongoing access to capital as your business needs evolve.

Inventory Financing

Inventory Financing: Leverage your inventory as collateral to access the working capital needed to purchase more stock, manage seasonality, or support sales growth.

The Application Process

Applying for an Asset-Based Loan with Queen Gate Bank and Trust is straightforward:

  1. Consultation: Reach out to our business lending team for an initial consultation. We’ll discuss your financing needs and identify the assets that can be used as collateral.

  2. Asset Assessment: We’ll assess the value and condition of the assets you plan to use as collateral to determine their eligibility.

  3. Documentation: Prepare the necessary documents, which may include financial statements, asset appraisals, and a list of assets to be used as collateral.

  4. Application: Submit your loan application, and our dedicated team will review it promptly.

  5. Approval and Terms: Upon approval, we’ll work with you to finalize the terms and conditions of the loan, ensuring they align with your business goals.

  6. Funding: Once the loan terms are agreed upon, we’ll disburse the funds directly to your business account, providing you with the working capital needed to support your operations.

Unlock Capital Potential with Asset-Based Loans

At Queen Gate Bank and Trust, we understand that businesses need access to capital to thrive and grow. Our Asset-Based Loans empower you to use your valuable business assets to secure the financing necessary for your success.

Contact us today to discuss how Asset-Based Loans can benefit your business and meet your specific financing needs. Queen Gate Bank and Trust is committed to helping your business unlock its capital potential.