Asset-Based Lending (ABL)
Asset-Based Lines combine the ease and convenience of a bank line of credit utilizing a “borrowing base” structure. Beside Accounts receivable, others assets such as inventory and equipment may be used as collateral.
Asset-Based Lines combine the ease and convenience of a bank line of credit utilizing a “borrowing base” structure. Beside Accounts receivable, others assets such as inventory and equipment may be used as collateral.