$.0001-$.0011 News, DDs & Charts Only!!!

[$Pistol Pete$]

$CFGX Asset backed loans and merger news out today CFGX

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129849687

What is an ABL?

An asset based loan (ABL) is a type of business financing that is secured by company assets. Most asset based loans are structured to work as revolving lines of credit. This structuring allows a company to borrow from assets on an ongoing basis to cover expenses or investments as needed.

What is the cost of an ABL?

The cost of an asset based loan is determined by the size of the loan, the type of collateral, and general risk. Most loans are priced using an annual percentage rate (APR). However, charges for other services are also common.

The APR of an ABL ranges from 7% to 17%.

http://www.comcapfactoring.com/blog/what-is-asset-based-lending/

$CFGX Market Positioning & Differentiation

Unlike traditional banking models, CFGX offers organizations needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or trade-able form.

http://capfiglobal.com/capital-financial-global-announces-letter-of-intent-for-possible-life-settlement-transaction/