Abstract
When you’re applying for a loan, it helps to be specific. If the reason for the loan is to purchase machinery or tools (work vehicles, manufacturing tools, computer hardware/software, and so on) needed to conduct business, there are lenders willing to use the purchased equipment as collateral. Many lenders like these asset-based loans and will finance 100% of them.
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© 2013 Ty Kiisel
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Kiisel, T. (2013). Asset-Based Lending. In: Getting a Business Loan. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-4999-3_8
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DOI: https://doi.org/10.1007/978-1-4302-4999-3_8
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4302-4998-6
Online ISBN: 978-1-4302-4999-3
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