M&A Blog #09 – debt (Part V – asset based lending (ABL) and seasonal ABL)
Francine Way
MAY 17, 2017
The concept can be extended to M&A. A retailer or a consumer electronics manufacturer see significant sales around those times of the year to use much more financing capacity. If you have listed your car or savings account in your mortgage application, you are essentially trying to get a loan based on your current asset(s).
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