They include
traditional accounts receivable factoring firms and firms that use other sources of collateral for security (real estate, equipment, etc.).
Not exact matches
Asset - based lending is more comparable to the
traditional loan process, where a lender will evaluate
accounts receivable, inventory values, and fixed assets to determine creditworthiness, and issue a line of credit.
Unlike
traditional lenders that offer you a loan secured by the value of your
accounts receivables,
receivables factoring lets you sell your outstanding
accounts receivables for an immediate influx of cash without the burden of repayment from you, rather from your debtors