Asset-based lending

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.

Related Terms: 14 Asset, Asset-based finance, Borrow, Base, Call, Collateral, Commercial finance, ECU, Finance, FIN, Loan, Merc, Owe, SEC

Other Related Pages: Category: Lending_and_Credit Starting With: A

Additional Related Terms: Active asset, Alternative assets, Asset, Asset/equity ratio, Available assets, Asset management account, Accrual of discount, Amortization of premium, Asset-backed security, Asset swap