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Asset-Based Lending Information
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- NEW YORK, Sept. 23 /PRNewswire/ -- The Commercial Finance Association (CFA) today released its "Quarterly Asset-Based Lending Index, Q2 2008," revealing a dramatic 16.2 percent increase in new credit commitments in the second quarter. Furthermore, 75 ...
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Friday, August 01, 2008
BusinessWeek -
But as banks tighten their purse strings, hedge funds are offering asset-based loans to small companies by Ricky McRoskey In early 2008, Jim Gee hit an impasse. Over the previous five years, Gee had been expanding Trinity Communications , a small cable-TV company in ... -
Apr 16, 2008
CanadianBusiness.com, Canada -
There’sa variety of players in this space, including leasing companies and factoring firms, which lend against invoices — a handy way to cover the gap between filling an order and getting paid for it. Chartered banks will even lend against assets, which often can ... - Under his leadership over the last seven years, the business has grown into one of the nation's largest bank-affiliated companies engaged in factoring, or accounts receivable financing. Stuart Brister, who was named president and chief executive ...
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