Global Asset-Based Lending Market Size study & Forecast, by Entities (Sole Proprietorship, Partnership, Corporation, and Limited Liability Company) and by Interest Rate (Fixed Rate and Floating Rate) and Regional Analysis, 2022-2029
Global Asset-Based Lending Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Asset-Based Lending refers to a loan provided by banks and NBFCs and it is secured by collateral security such as commercial property, stocks and so on. In case of default in paying loans, the bank can seize the mortgaged collateral to cover the loan and interest value. As compared to unsecured loans these types of loans have low rates of interest. Banks provide asset-based lending in two formats such as fixed interest rate based and floating interest rate. In a Fixed rate loan, the rate of interest rate remains the same during the entire loan tenure. Whereas, in the Floating rate the interest rate changes as per the rate changed by the central bank of the country or region from which the bank belongs. The growing Financial Services sector worldwide and easy availability of loans as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista – as of 2022, the revenue in Banking, Finance & Insurances worldwide itestimated at USD 3720 billion, and the market is projected to grow at an annual growth rate of 2.47% between 2022 and 2025 to reach USD 4000 billion by end of 2025. Also, the rising emergence of Lending-as-a-service (LaaS) platforms and the growing Banking & finance sector in emerging regions would create lucrative growth prospects for the market over the market period. However, the rising concern over Non-Performing Assets (NPA) stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Asset-Based Lending Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region in terms of market share owing to the presence of leading financial institutions as well as the increasing adoption of assets-based loans from business organizations in the region. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising expansion of the financial services sector as well as increasing penetration of digital lending platforms in the region.
Major market players included in this report are:
Crystal Financial LLC
LQD Business Finance LLC
LSQ Funding Group L.C.
Porter Capital Corporation
White Oak Global Advisors, LLC
Universal Funding Corporation
Capital Funding Solutions, Inc.
SLR Business Credit
Action Capital
First Capital Federal Credit Union
Recent Developments in the Market:
In April 2022, UK-based Metro Bank rolled out a new Asset Based Lending (ABL) product in the UK. Through this new product, the bank would offer credit of £2 million or more against a range of assets such as stock, plants, debtors, machinery, and commercial property among others.
In May 2022, USA-based Santa Cruz County Bank launched its Asset-Based Lending Division. Through this new division, the bank would focus on small businesses. The bank would serve clients in Silicon Valley, the Greater Bay Area and throughout the California region.
Global Asset-Based Lending Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered
Entities, Interest Rate, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Entities
Sole Proprietorship
Partnership
Corporation
Limited Liability Company
By Interest Rate
Fixed Rate
Floating Rate
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Crystal Financial LLC
LQD Business Finance LLC
LSQ Funding Group L.C.
Porter Capital Corporation
White Oak Global Advisors, LLC
Universal Funding Corporation
Capital Funding Solutions, Inc.
SLR Business Credit
Action Capital
First Capital Federal Credit Union
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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