Tag: asset-based lending

In today’s competitive business environment, accessing the necessary capital to grow and sustain your business is critical. While traditional loans from banks and financial institutions are common, they often come with stringent requirements that many businesses, especially small and medium-sized enterprises, find challenging to meet. This is where asset-based lenders can provide a viable alternative.…

Asset-based lending is a type of financing that uses a company’s assets as collateral for a loan. Unlike traditional loans that focus on a company’s creditworthiness and cash flow, asset-based loans are secured by the company’s assets. This means that if the company is unable to repay the loan, the lender can seize and sell…