Asset-based lending, also known as asset-backed finance, ABL lending or an asset-based loan, provides your small or medium-sized business with fast, flexible financing to optimize cash flow, avoid draining savings accounts and effectively manage critical transitions.
Whether your business is looking to maximize growth opportunities or manage a successful turnaround, asset-backed financial products provide maximum flexibility, especially in the following circumstances:
- Refinancing
- Rapid growth
- Restructuring or turnaround
- Acquisition, merger or buyout