A commercial asset-based loan
is a debt instrument secured by a pool of assets,
which primarily includes accounts receivable and inventory, and may also
include equipment, real estate and special assets like intellectual property.
The amount generally available under the line of credit is calculated as
a percentage of each of these asset classes.
Learn more about our Asset-based Lending
offering >>
Factoring
is used to outsource a company’s credit decisions and
collections process for trade accounts receivables. The factor
is able to recommend credit
limits for the company’s customers and collect amounts due. Furthermore,
advances to the company can be made by the factor on outstanding invoices
to provide working capital financing. Factoring has been used for centuries
and is very popular in Europe.
Learn more about our Factoring offering >>
