Asset-Based Lending Market By Type (Inventory Financing, Receivables Financing, Equipment Financing, Others), By Interest Rate (Fixed Rate, Floating Rate), By End User (Large Enterprises, Small and Medium-sized Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2031
The lending of money under a contract that is protected by assets is known as asset-based lending. Businesses, not consumers, are the beneficiaries of asset-based financing. Inventory, accounts receivable, equipment, or other items that belong to the borrower can be used as collateral for an asset-based loan or line of credit. It is also known as asset-based financing.
The easier criteria for the eligibility of asset-based loans is one of the major reasons for the growth of asset-based lending market. In addition, asset-based loans provide financial stability for SMEs, micro-businesses, and medium-sized enterprises. It provides flexible additional funding for plant and machinery. Further, businesses can raise money through asset-based lending without doing credit checks or creating a cash flow projection. It is perfect for expanding a business or protecting working cash in volatile markets. These factors notably contribute toward asset-based lending market growth. However, the additional fees on asset-based loan apart from interest and borrowing limits restrains the growth of the asset-based lending market. On the contrary, increasing use of digital platforms to better manage liquidity and solvency risks has been facilitated by the emergence of innovative companies in the fintech sector. Utilizing open data trends also enables more specialized & more customized relevant goods and value-added services. Furthermore, new technologies provide the opportunity to optimize processes. Thus, these factors are expected to provide lucrative growth opportunities for the market in the coming years.
The asset-based lending market is segmented on the basis of type, interest rate, end user, and region. By type, it is categorized into inventory financing, receivables financing, equipment financing, and others. By interest rate, it is bifurcated into fixed rate and floating rate. By end user, it is divided into large enterprises and small & medium-sized enterprises. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the asset-based lending market such as Lloyds Bank, Barclays Bank PLC, Hilton-Baird, JPMorgan Chase & Co., Berkshire Bank, White Oak Financial, LLC, Wells Fargo, Porter Capital, Capital Funding Solutions Inc., and Crystal Financial. These players have adopted various strategies to increase their market penetration and strengthen their position in the asset-based lending industry.
Key benefits for stakeholders
The study provides in-depth analysis of the global loan management software market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global loan management software market size are provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global loan management software market from 2022 to 2031 is provided to determine the market potential.
Key Market Segments
By Type
Inventory Financing
Receivables Financing
Equipment Financing
Others
By Interest Rate
Fixed Rate
Floating Rate
By End User
Large Enterprises
Small and Medium-sized Enterprises
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
JPMorgan Chase & Co.
Berkshire Bank
Porter Capital
Lloyds Bank
SLR Credit Solutions
Hilton-Baird Group
Barclays Bank PLC
Wells Fargo
White Oak Financial, LLC
Capital Funding Solutions Inc.
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