Asset-Based Loans in Missouri

At Griffin Funding, we are proud to offer our asset-based lending services across Missouri. Whether you’re looking for an asset-based loan in St. Louis or seeking financing in a smaller town, we’re here to provide flexible financing options tailored to your needs. Here are a handful of cities in Missouri where we provide asset-based loans:

An asset-based loan in Missouri offers a unique financing solution for those with substantial assets but inconsistent income. This type of loan is ideal if you are self-employed, a business owner, contractor, freelancer, retiree, or if you benefit from significant tax write-offs and possess a lot of liquid assets.

Instead of traditional income verification, asset-based lending in Missouri allows you to use your liquid assets as income. Qualifying assets for asset depletion mortgages typically include bank accounts, investment accounts, and retirement accounts. You can generally use up to 70% of your investment or retirement accounts and 100% of your bank account balance to determine your borrowing base.

Griffin Funding specializes in providing asset-based loans in Kansas City, St. Louis, and throughout the rest of the state. So, whether you’re seeking to purchase a new home or explore options for a retirement mortgage, Griffin Funding can help you leverage your assets to achieve your financial goals.

Asset-based loans offer a flexible financing solution for businesses and individuals alike. Leveraging valuable assets, these loans provide a reliable option for obtaining capital when traditional lending avenues may be inaccessible. In Missouri, asset-based loans have become increasingly popular due to their numerous advantages:

• Access to capital: Asset-based loans allow you to unlock the value of your assets, providing access to much-needed capital for business expansion, homeownership, or other financial needs.
• Flexible terms: Unlike traditional loans, asset-based loans often offer more flexible terms and repayment schedules, tailored to your specific circumstances.
• Improved cash flow: By leveraging assets to secure financing, you can improve cash flow and maintain your lifestyle without selling off assets or taking on high-interest debt.
• Growth opportunities: Asset-based loans provide the capital necessary for you to invest in new opportunities, whether it’s buying or renovating a second home, starting a new business venture, or preparing for your retirement.

Griffin Funding offers a straightforward application process for asset-based loans in Missouri, tailored to meet your financial needs. Typically, the process includes the following steps:

1. Initial consultation: Begin with a consultation with a Griffin Funding loan specialist to discuss your financial situation and the assets you plan to use as income. This helps determine if an asset-based loan or other non-QM loans, such as DSCR loans in Missouri, are suitable for your situation.
2. Documentation: Prepare necessary documents such as financial statements, asset appraisals, and proof of ownership. Griffin Funding evaluates your ability to repay based on these documents.
3. Loan evaluation: Griffin Funding assesses the value of your assets to determine the loan amount.
4. Approval and funding: Once approved, the funds are disbursed to you. Griffin Funding offers competitive rates and terms, ensuring a flexible and beneficial loan experience.

Asset-based loans in Missouri offer a powerful financial solution leveraging your valuable assets like bank accounts, investment accounts, retirement accounts, money market accounts, or certificates of deposit (CDs). These loans provide access to capital with flexible terms, tailored to your specific needs, whether for personal use, business expansion, or investment opportunities across the state.

Griffin Funding is your trusted partner in asset-based lending in Missouri. The straightforward application process and personalized support ensure that you receive the assistance you need throughout the loan process. Plus, with the Griffin Gold app, managing your loan is easier than ever. Track your loan status, make payments, and stay updated on financial insights — all from your mobile device.

Choose Griffin Funding for your asset-based loan needs in Missouri, and experience the difference that personalized service and cutting-edge technology can make in your financial life. Apply for an asset-based loan today!