Asset-based lending is a type of financing secured by assets such as receivables, inventory, or both.

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Asset-based lending is a type of financing that is secured by assets such as receivables, inventory, equipment, or real estate. This type of lending can be useful for businesses that may not qualify for traditional loans or lines of credit based on their cash flow or credit history. The loan amount is typically based on a percentage of the value of the assets being used as collateral.

Asset-Based Lending Is a Type of Financing Secured by Assets