Asset Based Lending

Using PO Financing with Asset Based Lending

Generally, companies don’t use purchase order financing as a stand-alone product. Instead, they combine it with another financing solution, such as factoring. The reason both products are used together is that combining them often reduces total transaction costs. These savings benefit the client and drop directly to the bottom line. The purchase order financing line is used to pay […]

How to Select the Best Asset Based Lending Company

Selecting the right asset based financing company is one of the most important decisions you can make for your business. Your evaluation process must be designed to ensure you choose the best asset based lender to fit your tactical and strategic financing needs. This article describes a short process to help you evaluate potential lenders. If you are not […]

Seven Advantages of Asset Based Lending

Asset based loans have been gaining popularity in recent years. They offer a number of the advantages that you can expect from similar products, such as a line of credit. However, qualifying for an asset based loan is much easier. This article discusses the six most important benefits of asset based loans. To learn more about […]

Invoice Verifications in Asset Based Loans

Asset based lenders may perform invoice verifications as part of managing the borrowing base of a client. Invoice verifications allow the lender to confirm that the invoices used for the borrowing base are accurate and free of disputes. Clients are often concerned about the verification process because the asset based lending company interacts directly with their customers. […]

What Is an Asset Based Loan?

An asset-based loan (ABL) is a type of business financing secured by company assets. ABLs allow companies to borrow from assets to cover expenses or investments as needed. In this article, we cover: What is an asset-based loan? How do ABLs work? Who qualifies for asset-based lending? What is a borrowing base? How does due […]