Asset-based lending lets a business borrow against its assets rather than its credit score. BuildUp Capital lends $250,000 to $5,000,000 secured by commercial or residential real estate, and — through our receivables-backed lines of credit — against invoices owed by large, creditworthy companies and government agencies. We underwrite the asset and the operator, issue a term sheet in under 5 business days, and fund deals banks decline for complexity rather than credit.
Banks lead with your credit score and your last two tax returns. Asset-based lenders lead with your collateral — the real estate you own or the receivables you’ve billed. If the asset is sound, the deal can get done, even when the bank’s checklist says no.
We put our own capital in every loan, so we only fund against assets we’d be comfortable owning or collecting. Real estate is secured here in Texas, Colorado, Utah, Nevada, Arizona, Oklahoma, Idaho, Montana, and Wyoming; our receivables-backed lines are available nationwide.
How it works
The situation: equity tied up in owned property and a need for capital now. Our structure: a first or second lien against the real estate, sized to the deal. The exit: refinance or the event the capital funds.
The situation: cash trapped in unpaid invoices to creditworthy customers. Our structure: a receivables-backed line of credit that grows as you bill. The exit: the line revolves as your customers pay.
The situation: a deal that needs more than one asset to pencil. Our structure: cross-collateralized real estate, or real estate plus receivables, underwritten together. The exit: a planned refinance or payoff.
What we lend on
Our rates reflect short-term bridge capital. Most of our borrowers refinance into long-term debt within 18 months — often back at their bank. We plan that exit with you from day one.
Common questions
By location