If your business’s cash is tied up in receivables, inventory, equipment, or real estate, that capital doesn’t have to sit idle waiting to convert into cash. Smart Business Funding’s Asset-Based Financing program lets you leverage the assets you already own to access $10,000 to $5,000,000 in working capital — turning what’s already on your balance sheet into cash you can use today.

How Asset-Based Financing Works

Getting asset-based financing through Smart Business Funding is simple. Our process is broken into four steps: Apply, Qualify, Receive, and Reimburse.

Applying

You — or a financial expert from your organization — fill out a brief business funding application and send it to our team along with your last three months of bank statements and information about the asset being used as collateral.

Qualifying

Our underwriting team reviews your application using a soft credit pull, evaluating the value of your asset alongside your business financials. Most inquiries are approved within a matter of hours.

Receiving

Once approved, funds are typically in your account within 24 hours. Because the financing is secured by an asset you already own, approval often moves faster than an unsecured product would.

Reimbursement

The cost of asset-based financing depends on the advance rate (the percentage of the asset’s value we’re able to lend against), the value of the asset itself, and the general risk profile of your business. We collect a small, flexible daily, weekly, or monthly amount directly from your business bank account.

Why a Bank Isn’t Your Best Option for Asset-Based Financing

Banks that offer asset-based lending typically require extensive appraisals, months of financial documentation, and a lengthy underwriting process before you ever see funding — often too slow for a business that needs to convert an asset into cash now, not in a quarter. Many banks also apply conservative loan-to-value (LTV) ratios that leave real capital on the table.

Smart Business Funding structures asset-based financing around speed: soft credit pulls, a minimum credit score of 500, and funding decisions in hours rather than months, so the value already sitting in your receivables, inventory, or equipment isn’t locked away by a slow approval process.

Assets You Can Leverage

Accounts Receivable Financing

Convert outstanding invoices into working capital now instead of waiting 30, 60, or 90 days for customers to pay. We evaluate your accounts receivable aging to determine what you qualify for.

Inventory Financing

Use existing inventory as collateral to free up cash for payroll, purchasing, or expansion — without having to liquidate stock you still need to sell.

Machinery & Equipment Financing

Leverage machinery or equipment you already own rather than taking on new equipment debt. See our Equipment Financing page if you’re looking to purchase new equipment instead of leveraging what you have.

Real Estate-Backed Financing

Commercial real estate you own can serve as collateral for larger financing amounts, often at more favorable terms than unsecured products.

Asset-Based Financing vs. Other Funding Options

Asset-Based Financing vs. Merchant Cash Advance

An MCA is repaid against future sales and doesn’t require collateral. Asset-based financing is secured by a specific asset, which can unlock larger amounts or better terms for businesses with valuable receivables, inventory, equipment, or real estate.

Asset-Based Lending vs. Traditional Bank Loan

A bank ABL product may offer a lower cost of capital but requires extensive appraisal, documentation, and underwriting time. Smart Business Funding trades some of that cost advantage for a dramatically faster path to funding.

Asset-Based Financing vs. Factoring

Factoring involves selling your invoices outright to a third party. Asset-based financing lets you borrow against your receivables (or other assets) while retaining ownership and the customer relationship.

Why Choose Smart Business Funding for Asset-Based Financing

• $10,000–$5,000,000 in funding, secured by assets you already own
• Same-day and next-day funding after approval
• 500 minimum credit score, soft pulls only
• No penalties for paying off early — we offer discounts and incentives instead
• Leverage receivables, inventory, machinery, equipment, or real estate
• BBB A+ rated, 5-star Trustpilot, Inc. 5000 honoree
• Over $500M funded to businesses across all 50 states

Frequently Asked Questions

Q: How does asset-based financing work? A: You provide information about an asset your business owns — such as receivables, inventory, equipment, or real estate — and we extend financing secured against that asset’s value, typically at a percentage known as the advance rate.

Q: What assets qualify as collateral? A: Accounts receivable, inventory, machinery, equipment, and commercial real estate can all be used as collateral, depending on your business and the asset’s value.

Q: What is a loan-to-value (LTV) ratio? A: It’s the percentage of an asset’s appraised value that can be financed against — for example, a lender advancing 70% LTV against $100,000 of equipment would offer up to $70,000.

Q: Can I use accounts receivable as collateral? A: Yes. We evaluate your receivables aging and customer payment history to determine how much financing your outstanding invoices can support.

Q: Is your Asset-Based Financing expensive? A: The cost of funds differs for each business owner. Underwriting determines the cost of capital based on factors including the asset’s value, the amount financed, and overall risk.

Q: Do you have a weekly repayment option? A: Yes, weekly repayment options are available subject to eligibility.

Q: Are there any penalties for paying off my Asset-Based Financing early? A: No. There are never any penalties for early payoff — we actually offer discounts and incentives for paying back your financing ahead of schedule.

Q: Is this transaction reported to any credit reporting agency? A: There is no reporting to any credit reporting agency.

Q: When will I qualify for a renewal? A: Businesses are typically eligible for renewal once they’ve paid back 50% of their financing.

Q: How long has Smart Business Funding been in business? A: We’ve been funding businesses since December 2014.

Q: What is the best way to reach customer service? A: Phone: 1-866-Re-Smart, or email: Info@SmartBusinessFunder.com.

Q: Where are you located? A: Smart Business Funding is headquartered at 2420 NE 186th Street, Suite 401, North Miami Beach, FL 33160.

Q: Are you affiliated with the Better Business Bureau? A: Yes, we’re proud of our A+ rating with the Better Business Bureau. [Note: replace with the correct current BBB profile link for the North Miami Beach/FL listing — the live page currently links an outdated Brooklyn, NY profile.]

Get the Funding You Need Today

The value sitting in your receivables, inventory, equipment, or real estate doesn’t have to stay locked away until you sell or collect on it. Apply today and turn what your business already owns into the capital it needs to grow.

Apply Now