In common all companies are running successfully, and owning many buildings and more and more other industrial machineries and vehicles. The industrial equipment at the beginning hired by the company, once the company is fetching more and more orders; the company goes for the bank loan to buy a new equipment. The bank is collecting regular money from the company at the end the equipment is owned by the company. At this stage, the company is not sending the product to process in the small companies. All the equipments are available with the company, not paying any money as service charge to any other companies. This is the stage the company is looking to have the own building for the company. At this stage the company is buying huge acres of land and constructing the big building at all corners of the land.
Now the company is flourishing and waiting for the new customers. Once the new customers are added by the company, the company is earning extra income. Even at this stage the company would be interested to develop the company in mass marketing level. For this the company needs money this is the suitable time to company to contact Interstate Capital’s asset based lending specialists. The specialists would advise the company to have the loan because the company would be in good position to pay at least the interest amount; the asset value is good enough to pay the interest amount regularly. The lender would be happy to provide the loan amount to this company. The reason is all the economists are recommending the company to offer the loan to the lending company.
The lending company is processing the loan application of all companies in simple processes. All a company needs to submit the property documents to the lending company. The lending company is checking every property document and verifying the properties and providing the loan amount. Of course, the borrowing company needs to pay only the interest amount the lending company. The value of the property is good enough to pay the interest for the borrowing company. This deal ends in short days. At the same time, not all banks are providing the loan based on the assets. The reason is the movable property and industrial equipments losses it values in due course of time. At the same time, the lending companies are not looking more things to provide loan to any company.