What Are Asset Based Loans?
Thursday, July 21, 2011
by Gary Honig
Many well-established government contractors turn to Asset Based Lenders (ABL) for capital. ABLs provide commercial financing to companies primarily using accounts receivables as collateral. Typically the Contractor will have a minimum of $1 million in available accounts receivable (AR) for funding. This means the creditworthiness of the account debtors (customers) is strong and diversified (not
- Published in Business Operations, Business Resources, Creative Capital Associates, Gary Honig
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