The credit score requirement for an asset-based loan is also lower than a traditional mortgage. To do this, fill out a JL-1.Unlock the potential of your SME with New Omni Bank's comprehensive guide to commercial real estate loans in Los Angeles. If you bought a capitalizable asset on credit, then an asset account would be debited instead. Asset purchases occur between a seller and buyer of a company's assets, including facilities, vehicles, equipment, stock, and inventory.