Manufacturing Adapts to Maintain Growth
Undoubtedly, manufacturing has had to adapt to overcome in the past few years. It’s one of the industries most affected
Undoubtedly, manufacturing has had to adapt to overcome in the past few years. It’s one of the industries most affected
Working capital is an essential part of all business operations. Many businesses struggle with a steady source of cash flow
Everything You Need to Know And More to Help Your Business Reach Its Goals Many businesses utilize sales collections as
Factoring Accounts Receivable: Unlocks Working Capital For Your Business Is your business waiting N30-N90 days on customer payments? Is waiting
Many companies can struggle to meet payroll and operating expenses especially when they have to wait on outstanding invoices. Staffing
We are now well into the phase 2 of the Electronic Logging Device (“ELD”) implementation for the motor carrier industry. Although,
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Asset-Based Lending provides working capital as a structured revolving line of credit based on a percentage of the value of the company’s assets**, such as commercial accounts receivables, inventory, machinery and equipment.
The borrowing base for ABL facilities can be up to 90% on commercial accounts receivables and up to 50% on inventory and machinery.
**Commercial Accounts Receivables should comprise the largest percentage of the combined assets.