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Asset Based Lending and Line of Credit

Asset Based Lending involves loans granted on a short-term basis, which are advanced under an approved line of credit to finance a business's, trading cycle and working capital requirements. These short-term credit facilities support the growth or seasonal needs of a business, which can be collateralized by a combination of accounts receivables and inventory.
If you have any questions about Asset Based Lending and Line of Credit, please email us at BEANYinfo@hkbea-us.com or call (212) 238-8268.