Asset Based Lending Definition

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Posted on November 10, 2018 at 06:44 AM

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An asset-based loan (also sometimes called “asset-based financing” or “commercial finance”) is a type of business financing secured by an asset (or multiple assets) of the company.
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In this lesson, we will see how asset-based lending provides financing options for companies that have assets but are faced with short-term cash flow problems.

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