Asset based lending
" Asset based lending
blends invoicenance blends invoice nance with funds releases against other business assets, such as ness assets, such as stock, property, plant and machinery.
group, provides asset based lending
, accounts receivable financing (factoring), and equipment finance solutions for small to mid-sized businesses nationwide.
Asset based lending
is now a mature and established refinancing tool that enables businesses to unlock the capital tied up in their physical assets and create cashflow for growth, expansion or acquisition.
How to leverage eProspecting for asset based lending
and factoring sales in the Internet age;
Daly, stated, "Our expansion into asset based lending
positions us to provide more financing solutions to our commercial customers in these challenging times, and to reach new customers in the region.
O'Connor has previously started and led the Asset Based Lending
Group at Rockland Trust and was EVP of Business Credit at Webster Bank.
Many asset based lending
facilities now come with a trial period and at Select Business Finance we always recommend negotiating this.
Prior to Monroe, Moser was president and CEO of Salus Capital Partners, Llc, senior vice president and head of Asset Based Lending
at First Niagara Bank, and senior vice president and head of Asset Based Lending
at NewAlliance Bank.
Some providers of Asset Based Lending
have the capability of extending their product offering beyond Invoice Discounting to include other classes of assets, for example, plant and machinery, and stock.
Geisen has more than 24 years of asset based lending
experience and will lead the sales and marketing efforts as senior vice president of business development.
Despite what seems like a constant stream of news about how the liquidity crisis is currently affecting capital markets and the impact this is having on the banking sector, experts in the asset based lending
industry are increasingly confident that there is a real opportunity for asset based lenders in supporting Midlands businesses.
As part of the Asset Based Lending
Division, GMAC CF's Retail Finance Group is recognized nationally as a leader in delivering creative capital solutions relevant to the ever-changing marketplace.