An asset-based loan is a loan that is secured by a physical asset. This means that the borrower who is looking for the loan is not as big of a factor as the asset itself. For Rubicon Mortgage Fund, we generally lend up to 60% of the value of a physical asset. Meaning, if a property is valued at $1,000,000 – Rubicon will potentially lend up to 60% of that, or $600,000.  This allows a person who has wealth tied up in real estate to take a loan against their property and receive cash they need quickly.