Emergency Financing Alternatives
- Topics:
- Lease or Buy
- Tags:
- Asset,
- Investment,
- Financing,
- Financial Accounting,
- Finance,
- Capital Structures,
- Business Operations,
- Bank,
- Asset Management,
- Operational Planning
- Source:
- Gruner + Jahr USA Publishing
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Overview: This article provides non-bank options for financing your business during a severe cash crunch such as Asset-backed financing, Factoring, Lease-back. Asset-backed financing as it focuses primarily on the value of the asset used for security, rather than the ongoing cash from the business. Factoring firms are private non -bank lenders that buy, outright, your creditworthy receivables and collect them at their own risk. Leasing is similar to asset-backed lending. First, the financing is based on the value of the asset. Second, you will probably pay a significant premium over that of a bank loan. One major difference, though, is that the leasing firm will actually own everything you lease.
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Format: HTML | Date: May 2000 | Pages: 1



