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Financing that is collateralized by a company's assets is Asset Based Lending.
By borrowing against current assets (accounts receivable, inventory, and equipment) management is able to generate cash sooner than if it had to wait for inventory to become accounts receivable, and for accounts receivable to become cash. Wholesalers, retailers, distributors, manufacturers and service companies can all benefit from this unique financial tool.
For a free phone consultation, call (toll free at 866-394-4637) or click (ClientProfileForm) to contact one of our Cash Flow Consultants.
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