Saturday, October 23, 2010

Asset Base Lending

I still remember how badly the situation of my ex-company during the sort of fund period. Because of too much outstanding debts and excess stock keeping effected the cash flow position and operation of the company. Due to some problem happened the bosses can not get support and funding from local finance institute. That is really a tough period.

I strongly believe the asset base financing can helps the companies or bosses under this kind of bad situation. Perhaps we can have this kind of asset based lenders as I never heard this kind of financial service in our country before.

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