From the program: Asset Based Financing Strategies 2013
Released on: Mar. 25, 2013
Asset-based financing is a key source of credit for small and medium-size companies and for some larger, publicly traded companies as well. In contrast to equity financing where ownership in the company is diluted, asset-based financing allows companies to use their own assets to generate cash flow.
In structuring these loans, lenders and their counsel must consider all senior interests in the collateral, as well as the practical difficulties in ...