Asset-based loans in Nevada allow you to qualify for a loan based solely on the value of your assets. Learn more about asset-based lending here.Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. When creating a record for inventory, agencies will utilize the Fixed Asset (FA) document using a fixed asset type of "U". Fixed Asset Inventory Maintenance. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. Shall receive a credit in the amount thereof with respect to the Purchase Price. (b).