💼 Business Financing
Asset-Based Lending
Financing secured by a business's assets such as accounts receivable, inventory, and equipment.
Common Uses
- Working capital
- Funding growth
- Businesses with strong assets but uneven cash flow
General Characteristics
- Secured by business assets
- Advance rates based on asset value
- Flexible borrowing base
Potential Provider Types
- Asset-based lenders
- Commercial finance companies
- Banks
Important Considerations
- Asset valuation and advance rates
- Reporting and monitoring
- Cost relative to cash flow loans
This information is general and educational only. Eligibility, rates, fees, and terms vary by provider and are determined solely by the provider. Trio does not assess whether you personally qualify for any financing.
Trio Marketplace is not a financial institution, lender, mortgage brokerage or financial advisor. Trio does not provide, approve, arrange or guarantee financing. Financing products and services are provided by independent third-party providers. Eligibility, rates, fees, terms and approval decisions are determined by the applicable provider.
