Insights

Asset-based Lending, or ABL, is a traditional type of financing where a business can leverage their existing assets as collateral to unlock capital or finance the purchase of new assets. Collateral that can be used ranges from equipment or inventory to real estate or intellectual property. In an economy where traditional bank lending for small and mid-sized businesses (SMBs) is slowing, private asset-based lenders are stepping up to the plate and allowing businesses to levera

Imagine a rapidly scaling e-commerce business that needs $500,000 to purchase inventory for the upcoming holiday season, where their sales will double, but cannot wait three months for bank approval. Revenue-based financing has filled that need for speed for small and mid-sized businesses looking to sidestep the red tape of traditional banking. This type of financing is usually structured with terms between 6-24 months, designed for businesses to capture short term, opportuni

The financial landscape continues to undergo a major transformation as capital moves into private debt markets. Factors include the...