Using all of your assets

Posted on 3 Feb 2010 by The Manufacturer

Mark Young explores whether a one-time unpopular financial instrument is now working amid tighter credit elsewhere.

Though historically frowned upon as a financing option, Asset Based Lending (ABL) has become increasingly popular in recent years. The Asset Based Finance Association (ABFA) – a trade association which represents all of the major high street lenders and plenty more besides – says in the quarter to September 2009 there were almost 45,000 ABL…

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