Asset lending is much harder to use post GFC, but is still possible on investment securities. Actually, they are great source for business.
Some banks are also looking at it with different colour glasses.
No Doc mortgages are asset based mortgages, and are further explained in Equipment finance
No Doc mortgages predominantly apply for lower LVR (Loan to Value Ratio), and they could be at higher interest rate. Most businesses may not even know what could be financed – so talk to us!
It would give you extra cash flow to run your business.
Asset lending examples are mentioned in Equipment finance.
Use Asset Finance to boost your business.
They are also applicable to commercial financing.