What is asset-based lending?
Asset-based lending is financing secured by things your business already owns, accounts receivable, equipment, inventory, or real estate, rather than by your credit score alone. The lender's risk is anchored to the asset, which is why asset-based deals often approve businesses that can't qualify for unsecured credit, and at better pricing. If you're sitting on unpaid invoices or paid-off equipment while struggling to cover payroll, you're effectively cash-poor and collateral-rich, and that's a solvable problem. Quordx Capital matches you with lenders across every major asset-based category, so the asset you choose to leverage is the one that costs you least.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
How Asset-Based Lending Works
The lender values an asset, advances a percentage of that value, and holds a security interest until you repay. The advance rate and structure depend on the asset:
Accounts receivable: A/R financing and invoice factoring advance typically 70-90% of invoice value. Underwriting focuses on your clients' creditworthiness, if you invoice reliable businesses, your own credit matters far less.
Equipment: Equipment financing runs $5K-$5M+, with the equipment itself serving as collateral. New and used both qualify, and rates commonly fall around 7%-20% over 24-84 month terms.
Real estate: Commercial real estate financing covers $100K-$10M+, secured by the property.
Blended collateral: Some lenders extend secured lines of credit against a mix of receivables and inventory, giving you a revolving facility ($10K-$250K+) where you pay interest only on what you draw.
Because collateral does the heavy lifting, asset-based lenders tolerate shorter operating history and rougher credit than banks do, though every lender prices differently.
Asset-Based Products Quordx Capital Brokers
Invoice factoring / A/R financing: Best for B2B companies waiting 30-90 days on invoices; converts receivables to cash at 70-90% advance rates.
Equipment financing: Best for buying machinery, vehicles, or technology, or leveraging equipment you need anyway, without draining reserves.
Commercial real estate financing: Best for purchasing or refinancing property, $100K to $10M+.
Secured line of credit: Best for recurring working-capital gaps backed by receivables or inventory.
How Quordx Capital Works
One 5-minute application covers the entire 50+ lender network. Upload bank statements (3-6 months), your most recent tax return, and entity documents; the platform's AI then ranks 3-7 lenders by approval probability for your specific asset and deal size. Decisions typically return in 24-48 hours, with funding in 3-7 business days for most products.
What to Expect
The main worry with asset-based lending is losing the asset, and that's a fair concern, so the terms deserve scrutiny. Every fee and term in a Quordx Capital-matched offer is disclosed up front, and the service costs borrowers nothing: no broker fee, no application fee, no obligation. If an unsecured option would serve you better, you'll see that too, side by side.
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Written by
Cody Dreis
Founder, Quordx Capital
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Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
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