ASSET-BASED LENDING
It is a type of business loan that can be acquired through the use of assets as collaterals. The line of credit, or the loan, is secured through the use of other balance-sheet assets, account receivables and/or inventories.
This is also called as asset-based financing or commercial finance.
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Asset Substitution Problem
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Lawful Money
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Red Clause Letter Of Credit
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Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
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