What you should know about asset-based lending


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  • | 4:06 p.m. July 22, 2013
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Asset-based lending (ABL) is a way for rapidly growing, cash-strapped companies to meet their short-term needs. In general, companies can tap their assets to generate the cash flow through asset-based loans. ABL has become a popular choice for companies that lack the credit rating, track record, time and/or ability to pursue more traditional capital sources.

 

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