Results for tag: "Borrowing Base"

The Borrowing Base market is a type of credit and loan system that is used by businesses to finance their operations. It is a revolving line of credit that is secured by a company's accounts receivable, inventory, and other assets. The lender will typically review the company's financials and assets to determine the amount of credit that can be extended. The borrower will then use the funds to purchase inventory, pay for operating expenses, and other business needs. The lender will then receive payments from the borrower's accounts receivable and other assets. The Borrowing Base market is a popular option for businesses that need short-term financing. It is a flexible and cost-effective way to finance operations and can be used to bridge cash flow gaps. Some companies in the Borrowing Base market include Kabbage, Fundbox, BlueVine, and OnDeck. Show Less Read more