Demystifying Asset-Based Loans
- Topics:
- Commercial Lending,
- Credit and Loans,
- Debt
- Tags:
- Asset,
- Asset Based Loan,
- Asset Management,
- Business Operations,
- Finance,
- Financing,
- Investment,
- Operational Planning
- Source:
- Bank of America
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Overview: Many financial executives today are turning to asset-based loans because they are versatile and cost-competitive debt instruments that provide increased flexibility over other financing alternatives. However, some still view asset-based loans as "The last resort for commercial borrowers," or an expensive financing option that imposes an excessive reporting burden. The truth is, asset-based loans provide borrowers with enhanced operational flexibility through all phases of the business cycle. And with the ubiquity of computers, reporting for asset-based loans is more efficient and less labor intensive than ever before.
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Format: HTML | Date: Oct 2002 | Pages: 2




