Asset based financing – New York Tribeca Group

Asset based financing is a funding option that enables industries to access either a loan or a revolving line of credit that is secured by assets i.e. collateral, such as equipment, receivables and so on. Asset-based financing is where you get a credit or loan from a bank, granted against your assets and their cash flows, and not against the company itself.

So there’s not the risk of having the bank loan secured against the business. The risk exists in the asset, and maybe also in the usage of the asset based financing.

To know more: https://nytribecagroup.com/asset-based-financing/
Asset based financing – New York Tribeca Group Asset based financing is a funding option that enables industries to access either a loan or a revolving line of credit that is secured by assets i.e. collateral, such as equipment, receivables and so on. Asset-based financing is where you get a credit or loan from a bank, granted against your assets and their cash flows, and not against the company itself. So there’s not the risk of having the bank loan secured against the business. The risk exists in the asset, and maybe also in the usage of the asset based financing. To know more: https://nytribecagroup.com/asset-based-financing/
Asset Based Financing
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