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Which Businesses Should Use Asset-Based Lending

Asset-based financing can provide a good option for certain types of businesses or in certain stages of your business's lifecycle.

Asset-Based Lending

These loans work best for:

  • Newer businesses experiencing high levels of growth.
  • Businesses with limited credit or less-than-ideal credit history.
  • Companies going through a difficult time that need cash to invest in improvements.
  • Businesses that have experienced challenges in recent years that potentially make it difficult to qualify for traditional commercial loans.
  • Established businesses experiencing substantial growth.

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