Asset-Based Finance

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Asset-Based Finance

The practice of making a loan secured by an asset. While, in theory, many loans are asset-based mortgages, the term most commonly applies to loans secured by something unusual, such as accounts receivable or intellectual property. Businesses take out most asset-based loans and pledge something used in the conduct of their businesses as collateral, such as inventory. As with all secured loans, asset-based loans have lower interest rates than unsecured loans. The practice is also called asset-based lending.
References in periodicals archive ?
Invoice discounting remains the most popular form of asset based financing, with the number of companies using it increasing to well over 18,500, up from just over 17,300 in the same period last year.
We are pleased to have provided Animal Health International with a leading asset based financing solution to facilitate this merger," said Sam Philbrick, president of U.
com), America's first online marketplace for real-time trading of accounts receivable, announced today that it will join the ranks of the leading asset based financing companies as a member of the International Factors Group (IFG).
com, today announced the implementation of asset based financing business model for its real estate and entertainment business units.
Alliance Financing is a diversified commercial finance institution that specializes in providing branded or white labelled asset based financing solutions, to the SMB (Small to Mid-sized Business) marketplace and to public sector organizations.
KfW IPEX-Bank offers short, medium and long term export finance in Euro, US-Dollar and major currencies, complex structured and project finance, partly covered by European Export Credit Agencies, asset based financing, credit lines, corporate loans and factoring.
De Lage Landen is an international provider of high-quality asset based financing products.
In previous releases the Company stated that it had received orders for its proprietary Enviro-Energy(TM) bio-waste-to-energy systems in the Pacific Northwest of the United States, and that it was seeking conventional asset based financing to minimize future dilution of its common shares.
com") has been a family owned firm and commercial lender providing working capital to small and mid-sized businesses nationwide through its factoring and asset based financing services, and as a technological leader in this industry, the company is announcing the first fully digital set of contracts signed using a digital signature.
WTI is the largest independent asset based financing organization with headquarters in Silicon Valley.
Newcourt Capital is the Corporate Finance Business of Newcourt Credit Group, a world leader in asset based financing with financial assets owned or under management of $34.