Asset Based Loans
Asset based loans provide the flexibility necessary in the construction, demolition, and building industries. The nature of these industries is such that some months are very good for the business owner, for example when the last payment on a large job has been paid by your client. On the other hand, some months, or even longer stretches, may find the business owner without consistent income. That is where Yellow Iron Capital Programs can enter the situation and help.
If you need to keep your heavy construction equipment to continue making money, but do not have the cash flow or credit to qualify for a loan via the usual channels (banks & financial institutions), Yellow Iron Capital Programs can get you what you need. We evaluate your current equity in the machinery you own and use that to calculate a cash loan that can be delivered in as little as 1 week.
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