What is Asset-Based Lending (ABL)?
Asset-Based Lending (ABL) is more of a general category of lending, defined by the borrowing being secured by collateral of some sort (e.g. property, equipment or machinery, accounts receivable, stock/inventory etc.)
ABL is a way for established businesses to raise finance, whether for growth, acquisition, working capital, restructure or refinance. They are typically cheaper than unsecured loans as the lender has more security to reduce their risk, and can be used across a variety of sectors and sizes of business.Enquire Now