asset based lending definition

asset based lending definition

Glossary: asset based lending

Asset based Lending is a form of lending where the factor uses collateral, such as equipment or inventory, as security against the loan.

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Business Consulting

Definition: asset based lending

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The invoices you issue upon a sale are sent to the factor who typically advances up to 80 to 90% of the invoice amount to you.

Factoring Glossary - Define: asset based lending - 2004 HJ Ventures International, Inc.