Asset-Based Lending

Business, Legal & Accounting Glossary

Definition: Asset-Based Lending


Asset-Based Lending


Full Definition of Asset-Based Lending


A secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business. also called commercial finance or asset-based finance.


Cite Term


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Page URL
https://payrollheaven.com/define/asset-based-lending/
Modern Language Association (MLA):
Asset-Based Lending. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/asset-based-lending/.
Chicago Manual of Style (CMS):
Asset-Based Lending. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/asset-based-lending/ (accessed: December 03, 2021).
American Psychological Association (APA):
Asset-Based Lending. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/asset-based-lending/

Definition Sources


Definitions for Asset-Based Lending are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.