Ever stop and think about the towers that provide our 4G LTE service, probably not; because it is so common-place, that unless there is a major interruption, we don’t think twice on how we access our apps, texts, and emails. In late February we spoke on a panel regarding working capital tools and challenges in the tower services industry at …
Tower Service Providers, Ready for the 5G Spectrum Repack Read More »
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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.
