Overview of Asset Based Lending from Wall Street Journal February 2, 2010
Owners of "treading water" printing and graphic communications companies should take a peek at the Overview of Asset Based Lending if they are concerned about working capital financing.
This form of alternative financing is well-suited to companies in transition, especially in cases where the bank is looking for an exit from the line of credit relationship.
NAPL can help owners explore alternative financing in a number of ways including developing a Business Transformation Plan, appraising equipment, presenting projections to lenders, negotiating critical terms of the financing transaction (ie: guarantees, collateral, covenants), and offering solutions for debt restructuring.
The article from the WSJ is a good overview for owners just starting to learn more about this financing option.





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