Asset-based lending is a form of secured lending that is based principally on the quality and value of accounts receivable due from customers around the globe. Use funds for bank debt refinancing, working capital, growth strategies, acquisitions, shareholder or management buyouts, or recapitalizing your balance sheet.
This solution is well-suited for manufacturers, distributors and service providers with a leveraged balance sheet who need additional working capital.
The CLIENT sends the invoice to the CUSTOMER.
TFS advances a predetermined percent of the Accounts Receivable to the CLIENT, creating a revolving loan.
When due, the CUSTOMER pays the invoice to the CLIENT.
The CLIENT pays down the revolving loan with TFS.
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