Finance and Credit Professional

The asset based lending industry has acquired an image not considered 'ideal'. Everyone assumes that asset based loans are not as good as unsecured loans. This image is the outcome of misconceptions that people generally have about asset based loans.In fact, asset based loans are very competitively priced and offer a lot of flexibility and [...]

Asset based lending in a layman's language refers to securing a loan against pledging an asset engaged in the business. It is a straightforward process of correlating the borrowing firm's assets to its liquidity requirements. Revenue generation via asset based lending made its foray into the Canadian markets roughly 18 to 19 years ago [...]

It is important to first understand the definition of asset based financing. This will help us to know, why we should avail it and consider as a means to obtain cash requirements leading to the increased working capital. Assets of the company or business are pledged to the lending company against the loan amounts acquired [...]

The term asset based lending refers to secured financial loans disbursed against security that may consist of a variety of assets. Businesses are able to borrow money using their current liquid assets like inventory and/or accounts receivable or against fixed assets like plant and machinery, property, equipment etc. by pledging them as collateral against the [...]