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Source: CNN Money, June 1, 2011 by Randy Schwimmer
While few people were paying attention, asset-based lending returned with a vengeance.
Most of the attention in leveraged loans these days has gone to the cash-flow crowd. With few exceptions, little has been written about asset-based lending. Yet …
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A Recent CFA study shows that asset based lenders play a critical role in providing the financing businesses need to stay afloat and grow through tough times. Often, businesses experiencing a rough patch or rapid growth cannot qualify for a conventional bank loan. In this case, an asset based loan …
