Asset-based Lending
Published on 2024-07-22 | Last edited on 2024-09-17
Definition
Asset-based lending involves providing loans secured by collateral, typically used by businesses to cover short-term cash flow needs. Collateral for these loans can include inventory, accounts receivable, equipment, or other owned property.
Detailed Explanation
Join The Grid to view Detailed Explanation
Curators
No one has curated this page yet. Be the first.
Curate