Asset Based Lending (ABL) are loans made to businesses backed by a liquid asset used as collateral for the loan. Businesses that use ABLs are either highly leveraged or too small to take on more bank debt and must resort to alternative lending solutions.
These loans are used to increase the working capital of a business in order to help finance growth or operating activities.
In this video, we cover the three categories of the ABL market:
- Recourse/nonrecourse financing
- Purchase order financing
- Inventory financing
Are ABLs a possible solution? Why is inventory financing so bad? How can an ABL help a company become more organized? We answer all of these questions in the video.
If you have any other questions, please comment below. If you want to reach out via email, you can contact me at;
financeekid@gmail.com
If you are looking to sell your business and would like to learn more about Roblee Capital, please reach out to me for an introductory call. Roblee Capital is a Toronto-based M&A Investment Bank focused on serving companies with revenues between $1MM to $100MM primarily offering sell and buy-side M&A services. We work with Canadian-based business owners looking to sell their lower mid-market business. If you are a Canadian business owner looking to sell or buy, please reach out so we can connect at the link below:
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