What Is Asset-Based Lending? How Loans Work, Example and Types
https://www.investopedia.com/terms/a/assetbasedlending.asp
What Is Asset-Based Lending?How Asset-Based Lending WorksExampleSpecial ConsiderationsAsset-based lending is the business of loaning money in an agreement that is secured by collateral. An asset-based loanor line of credit may be secured by inventory, accounts receivable, equipment, or other property owned by the borrower. The asset-based lending industry serves business, not consumers. It is also known …See more on investopedia.comAuthor: Julia Kagan
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