Asset-based Lending (ABL) involves using a company's assets, such as inventory or accounts receivable, as collateral for securing loans or lines of credit.
A UK government scheme designed to facilitate bank lending to smaller companies by guaranteeing 75% of a company's overdraft, thus providing crucial financial support for businesses with a turnover of no more than £41M.
A comprehensive overview of revolving bank facilities, highlighting their historical context, types, key events, detailed explanations, importance, applicability, examples, considerations, and related terms.
An extensive overview of the various sources from which businesses obtain their capital, including owner savings, borrowing, selling equity, depreciation allowances, trade credit, and government funding.
A term loan is an intermediate to long-term (typically two to ten years) secured credit granted to a company to finance capital equipment or provide working capital.
Accounts Receivable Financing is a financing arrangement where a company uses its receivable balances to obtain funding. This article explores its definition, structuring, types, benefits, and real-world applications.
A comprehensive guide to understanding commercial loans, including their definition, mechanisms, different types, and benefits for businesses.
An in-depth exploration of factors, including their definition, operational requirements, benefits, and a practical example in the context of financial intermediaries purchasing receivables.
An in-depth look at supply chain finance, including its definition, operating mechanisms, and a real-world example to illustrate its application.
Explore the comprehensive details of UCC-1 Statements, including their definition, various types, practical examples, and their significance in commercial financing.
A comprehensive analysis of vendor notes, covering their definition, terms, benefits, drawbacks, and practical usage in business transactions.
