ASSET BASED LENDING |
Asset based lending is a hybrid
of several other lending vehicles. It combines business receivable and
purchase order financing and equipment leasing. Basically, the lender
looks at all assets of a company to evaluate their creditworthiness.
The lenders working in this arena tend to
be big picture thinkers that are going to look at your overall business,
where you're going and what track record you have. They are more "creative"
in structuring solutions to problems and can be an invaluable asset
to your business.
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