As owners of small businesses know, the process of securing capital is not always straightforward.
Bank-loan regulations often prove too restrictive for many small businesses (whether they be startups, turnarounds/reorganizations, seasonal sellers, or companies experiencing different stages of growth). As these organizations search for ways to thrive in an increasingly competitive landscape and find solutions for immediate working-capital needs, more and more lower-middle market businesses are turning to alternative financing options, such as asset-based lending (ABL).
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Read the source article at Axial
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