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Asset Based Lending (ABL) - Business Financing Explained
25:57
YouTubeFinanceKid
Asset Based Lending (ABL) - Business Financing Explained
Asset Based Lending (ABL) are loans made to businesses backed by a liquid asset used as collateral for the loan. Businesses that use ABLs are either highly leveraged or too small to take on more bank debt and must resort to alternative lending solutions. These loans are used to increase the working capital of a business in order to help finance ...
20.8K viewsSep 20, 2017
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