Asset-based lending lets people borrow money by putting up things they own as security. Stuff like buildings, stock, machinery, unpaid invoices, or other prized possessions can work. Instead of banks looking mostly at your credit rating or past earnings, this type of loan cares more about what you physically own. That means folks such as small business operators, landlords, or startup founders might get access to cash especially if regular lenders say no – even when they’ve got solid stuff to back the deal.
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