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Topic: Asset Based Lending


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In the News (Fri 17 Feb 12)

  
  Asset-based lending - Wikipedia, the free encyclopedia
This type of lending is usually done when the normal routes of raising funds, such as the capital markets (selling bonds to investors) or normal unsecured or mortgage secured bank lending is not possible.
Thus, asset based lending can be compared to sub-prime lending.
This is because for most of the second half of the twentieth century, it has been possible for corporations to not borrow from banks but instead borrow from individual investors in the form of bonds.
en.wikipedia.org /wiki/Asset_based_lending   (387 words)

  
 Asset Based Lending Loans Financing Factoring Business Finance Working Capital Cash Flow Florida   (Site not responding. Last check: 2007-10-25)
Typically the accounts receivable and inventory assets will be structured as a revolving line of credit, while machinery and equipment can be used to structure a term loan with a fixed repayment schedule to coincide with the length of the asset-based loan (typically 1-3 years).
Asset based lending is most often used in financing a company’s rapid growth when there is insufficient equity capital.
An asset based revolver accelerates cash flow by enabling a business to borrow against the future value of receivables and/or inventory that are expected to become cash in the near term.
www.fountainheadfunding.com /asset_based_lending.htm   (1194 words)

  
 Asset Based Lending, Loans, Financing from GE
Asset based lending or asset based financing refers to loans secured by a wide variety of assets.
Asset based financing relies on the value of the underlying collateral to minimize the loan's credit risk.
Asset based lenders are sometimes referred to as secured lenders.
www.gecfo.com /products/asset-based-lending.html   (253 words)

  
 Asset based lending, asset based lenders   (Site not responding. Last check: 2007-10-25)
Asset based lending Asset based lending The asset-based lending team is led by Kevin Morley,.
Asset based lending Gerard Dubois The growth of asset-based lending is seen by some as dangerous.
Asset based lending is the nation's largest publisher ofmetropolitan business newspapers, serving 41 of the country's most vibrant.
www.propertyfaq.net /asset+based+lending.html   (1123 words)

  
 Asset-Based Lending
Asset based lending is a specialized method of providing structured working capital, fixed term loans, factoring and leasing that are secured by accounts receivable, inventory, machinery, equipment, and/or real estate.
Asset based lending programs are a viable alternative for companies that have been turned down by their bank or exceeded their bank loan limits.
Asset based loans are made on a formula basis on assets.
www.connexx.org /assetbased.html   (357 words)

  
 Asset Based Lending
Asset Based Lending is a dynamic and often times least used form of financing because our traditional based thoughts lock us into utilizing standard banking practices when we really need flexible and creative access to Working Capital to achieve our goals!
One purpose of this type of lending is to provide a limited period of recovery time and a financial operating environment whereby a company can demonstrate how it can perform were it to have a long term loan in place.
There is a "break-point" to access an ABL program due to the cost of putting it into place and maintaining it (performed by the lender).
www.finance-manager.com /asset_based_lending.htm   (415 words)

  
 Resources - Lending FAQs: Corporate Lending from GE
By using its current assets as collateral, a company is able to generate cash sooner than if it had to wait for inventory to be sold to become accounts receivable and accounts receivable to be paid in cash.
A borrowing base is comprised of the assets, generally inventory and/or accounts receivable, which are available to use as collateral to secure a revolver.
For example, as the borrower builds or acquires new inventory, or as it generates fresh receivables from new sales, these assets are covered by the security interest and generally would be eligible for inclusion in the borrowing base.
www.gelending.com /Clg/Resources/lendingFAQs.html   (1783 words)

  
 Blue Crown Funding - Asset Based Lending
Asset based lending is a specialized loan product that provides fully collateralized credit facilities to borrowers with high financial leverage and marginal cash flows.
Borrowings under an asset-based facility are limited by a borrowing base, which is comprised of advance rates applied to the liquidation value of accounts receivable, inventory and fixed assets.
A typical ABL facility includes a three-year revolving credit that is used to support working capital needs and may include a term loan.
www.bluecrownfunding.com /accountsrecfin.html   (361 words)

  
 Wachovia Corporate & Institutional - Asset Based Lending Advantages
Asset based financing is a straightforward concept - matching a company's assets to its borrowing needs.
Unlike traditional bank debt that relies heavily on balance sheet ratios and cash flow projections as loan criteria, asset based lending uses a client's business assets as its primary focus for lending.
An important aspect of asset based lending at Wachovia Capital Finance is that prospective borrowers do not have to be profitable or have a minimum net worth.
www.wachovia.com /corp_inst/page/0,,7_21_223_769_7545,00.html   (188 words)

  
 JBI Capital - Asset Based Lending
Lending uses of asset-based loans can range from working capital to capital equipment purchases to acquisitions or for seasonal cash shortfalls.
Asset based lending is non-bank lending and does not restrict growth.
Asset based lending is more flexible and can provide higher advances against collateral.
www.jbicapital.com /assestbased.html   (211 words)

  
 General Electric : Financial Services : Asset-Based Lending   (Site not responding. Last check: 2007-10-25)
GE is a leading global provider of innovative financing solutions, including providing companies with asset-based loans.
Asset-based loans allow you to use your equity as collateral for advances.
Companies that may not qualify for loans from a traditional bank but have equity in assets such as inventory, plants, machinery or real estate may consider an asset-based loan as an option.
www.ge.com /en/financial/business/assetbased_lending.htm   (151 words)

  
 Asset Based Lending   (Site not responding. Last check: 2007-10-25)
Asset based lenders are known for taking out tomb stone ads in much
Some pay based on how many times a book has been taken out of a library, others use a simpler system of payment based simply on whether a library owns a book or not.
In the strictest and legal sense, ''predatory lending'' refers to secured loans such as home or car loans which are made by the lender with the intention that the borrower will not repay the loan, allowing the lender to seize the car or home and sell it for a profit.
www.wwwtln.com /finance/10/asset-based-lending.html   (988 words)

  
 Wachovia Corporate & Institutional - Asset Based Lending
Asset based lending makes it possible for companies to maximize borrowing capacity with senior secured loans backed by collateral.
In response to the growth of asset based lending during the last decade, Wachovia has built a network of full service offices staffed by teams of professionals to provide asset based loans and creative financial solutions throughout the nation.
With over 50 years in the asset based lending business, we bring a relationship-oriented approach to addressing your borrowing needs quickly and professionally.
www.wachovia.com /corp_inst/page/0,,7_21_223_769,00.html   (154 words)

  
 Asset Based Lending
As the business's current assets are sold in the normal course of business, the proceeds go to repay the credit line.
Assets include the simple from extending an advance on the worth of a company's accounts receivable paper.
An Asset-Based Project usually groups all of the assets and structures the financing according to the worth of the assets.
pages.cashflowpro.com /diamoncapitalsolutions/assetbasedlending.html   (324 words)

  
 Asset Based Lending   (Site not responding. Last check: 2007-10-25)
With asset based lending, it is possible to make the assets you already have work towards the growth of your company, no matter its current profitability.
Asset based lending uses the assets of your company as collateral for the loan.
Asset based lending works best for companies that simply to do not have the up front capital to make necessary purchases in the form of inventory or acquisitions.
www.bizcap.com /reports/asset-based-lending.html   (319 words)

  
 Morrison & Foerster : Practices : Practice Areas : Asset-Based Lending   (Site not responding. Last check: 2007-10-25)
Morrison and Foerster has a wealth of experience in structuring asset-based lending transactions, creating and perfecting security interests in real and personal property in both the U.S. and internationally, working out and restructuring problem credits and enforcing creditors’ remedies.
The firm’s asset-based lending attorneys are highly skilled in identifying and resolving bankruptcy, tax and environmental law issues.
The firm’s asset-based lending attorneys understand the business objectives of asset-based lending, which enhances the value of the representation.
www.mofo.com /practice/practice/assetBased.html   (251 words)

  
 Asset Based Lending   (Site not responding. Last check: 2007-10-25)
ABL is a method of business financing that uses a company's assets as collateral to raise capital in the form of a line of credit.
An asset-based line of credit is usually structured as a loan against the assets of the business and not a purchase.
An ideal prospect for ABL is a business that even though may generate millions in annual sales it's revenue flow lags behind sales and production capacities.
www.factorfunding.com /asset_based_lending.html   (141 words)

  
 Asset Based Lending Software
Pre-defined ABL reports are available for each report type and simple point and click options provide ineligibles, reaged agings, ineligible summaries and details, transaction code grouping for stats, inventory turnover and more.
ABLE" This is a full featured ABL monitoring package with extensive integration from client prospect setup to booked-deal monitoring.
Based on ABLE software, this secure web-based package is scalable to your needs.
www.ablpage.com /Software.htm   (817 words)

  
 Untitled Document   (Site not responding. Last check: 2007-10-25)
They provide their clients with cash by lending on fixed assets, accounts receivable and inventory, and engage in factoring, purchase order financing, real estate financing and leasing.
They include the asset-based lending arms of domestic and foreign commercial banks, small and large independent finance companies, floor plan financing organizations, factoring organizations and financing subsidiaries of major industrial corporations.
Expert in all facets of collateralized lending, asset-based lenders – large and small alike – possess the experience and know-how to structure the proper financing program for their borrowers.
www.cfa.com /What_is_ABL/what_is_abl.asp   (2320 words)

  
 Setting the trend for asset based lending / Articles / Lloyds TSB Commercial Finance
The number of businesses taking advantage of asset based lending as a flexible form of finance is further illustrated by the rise in the number of LTSBCF factoring and discounting clients (2.5 per cent and 3.6 per cent respectively).
Also, the sums advanced by the company to its asset based lending clients were up by 9.8 per cent.
Asset based lending involves advancing cash to a business against the value of its assets, including debtors in the form of factoring or invoice discounting, stock, property and/or existing plant and machinery.
www.ltsbcf.co.uk /articles_9.html   (576 words)

  
 Asset based lending companies - small business financing for poor credit - accounts receivable factoring
Being unregulated means finance companies are able to fund under riskier circumstances and are not subject to swings in appetite due to regulatory/economic contraction.
You would never be able to set up with a new provider before your relationships with your employees, vendors and customers are irreparably damaged.
You may also be unable to recover your reserves (the amount of your receivables that your finance company did not advance to you) because they have misdirected the funds to help with their own problems or because they are tied up in a bankruptcy.
www.federalnational.com /howtoshop.html   (1147 words)

  
 Asset Based Lending
This is a unique type of loan that is secured by a specific asset or a combination of assets, usually its accounts receivables and/or inventory.
Although the company still owns the assets that they pledge, they can be taken away if loan payments are not made in a timely manner.
Asset based lending can be a great source of working capital for quickly growing companies and can be used to other purposes as well.
www.businessfinance.com /asset-based-lending.htm   (181 words)

  
 Clear Choice Seminars - Cash Flow Analysis for Asset Based Lending
Asset based Lending has a unique cash position in a company that causes funding from the lender to be a source of cash, while receivable collections act as a reduction to the loan.
Special models and tools are needed to assess Asset Based Lending cash flows, but developing these tools in-house and teaching people to use them would be a large project.
The course model is an excellent tool to teach students the economic timing of ABL cash flows and will serve as a strong analysis model for real-world transactions.
www.ccsiweb.com /Courses/Cashflow.htm   (380 words)

  
 Asset Based Consulting Group
Asset Based Consulting Group is a consulting firm strategically based in Denver, Colorado but serving the entire United States.
We represent asset based lenders and their clients.
Bill's experience includes work in all areas of asset-based lending from auditing to managing a full service loan office and performing loan workouts.
www.assetbasedgroup.com   (223 words)

  
 Investment and Lending Tips asset based lending   (Site not responding. Last check: 2007-10-25)
When you are in search of excellent advice about asset based lending, you'll find it easier said than done extricating superior advice from ill-advised asset based lending suggestions and help so it is important to recognize how to judge the information you are presented with.
A terrifc piece of advice you can follow when you are presented with help or advice about a asset based lending article would be to confirm the sites ownership.
This could reveal the people behind the website asset based lending identifications The easiest way to work out who is at the back of the asset based lending site is to find the 'about' page.
www.investment-lending.info /asset-based-lending.htm   (235 words)

  
 Ocean Bank Asset Based Lending
One of the distinguishing features of Asset Based Lending is that the amount of the loan is tied to the liquid value of the assets held by the borrower and in which the bank takes a security interest.
This type of loan is structured as a revolving line of credit, and its funding is tied to a formula basis of accounts receivable, inventory, tax certificate and other collateral.
Asset based lending entails the assignment of a company's accounts receivable and/or inventory, and floor plans, although other types of collateral such as tax certificates and mortgages may be included.
www.oceanbank.com /37749.html   (153 words)

  
 Asset based lending- Leverage your business asset to get financing
Asset based lending is a secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business.
Asset based lending enables small businesses to finance their business by leveraging the equity in their current and fixed assets.
Asset-based lending facilities consist of lines of credit and term loans secured by accounts receivable, inventory, machinery and equipment, real estate and certain other assets.
www.business-loans-directory.com /asset-based-loans.html   (179 words)

  
 Asset Based Lending Software Audit & Ineligible Analysis
FinSoft, LLC is a software engineering and consulting company that specializes in Asset Based Lending, commercial finance audit and electronic data analysis software.
But the analysis for ABL purposes allows AssetReader to process and analyze parsed data in minutes and not the hours necessary for other products.
These ABL services includes electronic interrogation of any file format, conversion of unusual date formats on a spot or recurring basis.
www.finsoft.net   (522 words)

  
 Asset Based Lending Increases Cash Flow   (Site not responding. Last check: 2007-10-25)
However, with an Asset Based Lender, the funding source is lending
of the Assets and are subject to variations.
Based Lending can be significantly higher where multiple plants are involved.
www.creativefinancing.bz /AssetBasedLending.html   (241 words)

  
 Credit based asset (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-25)
Assets for Independence (AFI) is a Federal grant program that enables community-based nonprofits and State, local and Tribal government agencies to...
Often, the assets of the company being acquired are used as collateral for the...
Asset based lending or commercial line of credit, asset based loans and lines of credit for your growing business needs.
5110.kfni4z.info.cob-web.org:8888   (1057 words)

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