True or False? Asset Based Loans are more desirable, faster, easier and more efficient than a traditional personal loan. The answer may surprise you.
Here are the top three reasons why Asset-Based Loans are the superior option:
1. No Credit Checks Required with an Asset-Based Loan
Traditional banks can be slow, arduous and stricken with red tape. Personal loans require the lender to run your credit score. This process is time-consuming, lengthy and merely checking your score can negatively impact your credit score. A poor credit score can leave you stuck with a high-interest rate, or disqualify you from a loan altogether. Why not just avoid the risk? With an Asset-Based Loan, your credit score is irrelevant! Your loan value is based exclusively on the value of your assets, like watches, jewelry, handbag and diamonds. Consequently, we never check your credit score or employment verification.
2. Asset-Based Loans Are Faster than a Personal Loan
Asset-Based Loans are simple, fast and easy to obtain. Whether you start the process online or call into your local office to set up an appointment for your no obligation quote, funding takes place the same day you stop by our office. Diamond Banc gets you your money up to a week faster than traditional banks. The approval process for traditional loans can take up to 3 business days and funding can take up to a week.
3. Your Credit Score Is Never Impacted with an Asset-Based Loan
Protect your credit score, by avoiding the ding a credit check and a loan can leave on your report. When you apply for a personal loan, your details are shared with credit bureaus- this can have a detrimental impact on your credit score. Moreover, one missed payment with a bank can wreak havoc on your credit report for up to seven years. In contrast, Asset-Based Loans will NEVER impact your credit score. Because we never run your credit, your loan is in no way connected to your credit report. If you choose to walk away from the loan, before paying off the full total, your credit won’t be harmed.
If you are looking for a fast, easy, transparent solution, look no further than Diamond Banc! Diamond Banc is the best place in Tampa Florida to get an Asset-Based Loan. Our Graduate Gemologists take every value adding factor into account so we pay the MOST in the area. Get started today by filling out our no obligation, no risk Asset-Based Loan form. Or call 813-367-3372 to make an appointment in our discreet, professional office located in front of the International Plaza Mall; 2202 North Westshore Blvd, Suite 200, Tampa FL, 33607.