When is Asset-Based Lending Right For Your Business‪?‬ First Business Bank Podcast

Asset-Based Lending, an alternative funding option, helps businesses work through challenges as they experience rapid growth, navigate a turnaround, change ownership, or experience other complex situations. Unlike traditional lending, typically when lenders evaluate companies for Asset-Based Lending funding, they consider collateral, like accounts receivable and inventory, rather than the business’s recent performance.
 
This episode of the First Business Bank Podcast introduces listeners to Asset-Based Lending, how it’s different from Commercial Lending, situations in which Asset-Based Lending might be useful, and what to expect if your business starts down the road of Asset-Based Lending.