Ralph DonovanSpent a lot of time rejecting offers for the ERC due to uncertainty about the funds. Daniel walked me through the process and REIL made it almost effortless on my part. I was also able to get quick funding while I was waiting for my ERC credit. I will definitely keep these guys in mind for any future financial needs.william porterWill Ducket brought me information that previously I had rejected from others. He answered my questions and provided information and a reference that allowed me to proceed and now I received my ERC payment...money I didn't have until my calls with WillValerie EmanuelThese guys are super deal makers, especially, Daniel Benjamin. Need a loan? Daniel is the business loan adviser that can get the deal done. There is very rarely a decline with the Reil Capital team.joseph Rucereto jrReil capital got me back retention credit. More then I expected there team was awesome professional And always updated me anytime I contacted themmargaret pickersgillI WANT TO TELL YOU OF MY EXPERIENCE WITH REILL AND JUAN GOMEZ. JUAN AND REIL HAVE BEEN VERY CO-OPERATIVE IN HELPING US WITH FUNDING. JUAN AND MICHELE ARE TRYING TO GET US A GRANT, WHICH AT THIS TIME WOULD BE VERY HELPFUL TO OUR BUSINESS. IF YOU NEED ANY FURTHER INFORMATION, PLEASE LET US KNOW. THANK YOU MARGARET FROM BEYOND BEAUTIUL HAIR dba ROBERT JAMES SALON, RIVERHEAD, NEW YORSubhasThanks very much for the loan you gave us. I needed very badly for the business. Ryan worked with us patiently and quickly. I like to do the business again in future.Nigel WrightDaniel is a rockstar and he will get your business exactly what you need! Highly recommend.Jacob GandzjukThank you so much to Joseph and his team! You guys are amazing and I can’t thank you enough for helping us out with the ERC as well. Hands down the best!Google rating score: 4.6 of 5, based on 28 reviews
Asset-based Financing is a financing method in which a business secures a fund using its assets as collateral. These assets can include accounts receivable, inventory, equipment, and even real estate. Asset Based Financing is a way for businesses to access capital based on the value of their assets, making it a viable option for companies with valuable assets but limited cash flow.
To qualify for Asset-Based Financing , several key factors come into play. Our primary focus is on valuable assets like accounts receivable, inventory, or equipment. Additionally, we look for a credit score of 600 or higher, an annual revenue of at least $100,000, and a business history of 12 months or more.
There are several types of Asset-Based Financing, including:
Yes, collateral is a fundamental component of Asset-Based Financing. The assets of your business, such as accounts receivable, inventory, equipment, or real estate, serve as collateral to secure the funds.
While credit score is not as crucial in Asset-Based Financing as it is in traditional funding, it can still play a role. That’s why we require a minimum credit score of 600.