InvestorsHub Logo

Referentialartist

11/21/14 1:23 PM

#40214 RE: Referentialartist #40213

DEFINITION of 'Asset-Based Finance'

A specialized method of providing structured working capital and term loans that are secured by accounts receivable, inventory, machinery, equipment and/or real estate. This type of funding is great for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).