Asset-based lending refers to a loan that is secured by an asset. Examples of assets that can be used to secure a loan include accounts receivable, inventory, marketable securities, and property, plant and equipment (PP&E).
Asset-based lending can be an attractive financing alternative that are outside the typical lending criteria of most traditional financing options which can provide you with greater credit availability and more flexibility to pursue your company’s goals. Funding is quick and will give you the working capital you need for: