asset-based lending

Definition

A secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business. also called commercial finance or asset-based finance.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

invoice - More

reserve - More

Termination Statement -

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization

security
accounts receivable
quick ratio
financial leverage
accounts payable

asset-based lending in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

asset-based lending is ...

... part of the Lending & Credit subject.

Nearby Terms

asset turnover
asset value
asset-backed commercial paper
asset-backed security
asset-based finance
asset-based lending
asset/equity ratio
asset-liability management
assets under management
asset-swap spread
assign