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Asset-Based Lending

Asset-Based Lending is normally structured as a working capital line of credit, secured by accounts receivable and sometimes inventory. Unlike factoring, ABL does not include the “sale and assignment” of accounts receivable.

How It Works

A business loan secured by collateral (assets). Sometimes called “ABL” and asset-based loan is normally structured as a working capital line of credit, secured by accounts receivable and sometimes inventory. Unlike factoring, ABL does not include the “sale and assignment” of accounts receivable.

ABL loans have a higher credit qualification requirement than factoring. ABL facilities may be offered by a bank but are more often available through non-bank specialty lenders. Compared to a traditional bank loan, ABL is likely to carry a higher interest rate but allow the company greater borrowing flexibility. >

See if You Qualify for Asset Based Lending Funding

Who Qualifies?

Most businesses will qualify for an Asset-Based loan. ABL loans rely on assets to be funded. Most commonly accounts receivable and inventory are used as collateral. ABL loans are typically required when a business needs a larger loan amount.

See if You Qualify for Asset Based Lending Funding

 

 

How nFuse Capital Works

 

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