Asset Based Lending Stocks List

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Recent Signals

Date Stock Signal Type
2020-07-02 EGBN 50 DMA Resistance Bearish
2020-07-02 PGC 20 DMA Resistance Bearish
2020-07-02 PGC 50 DMA Resistance Bearish
2020-07-02 PRAA 20 DMA Support Bullish

Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken. In this sense, a mortgage is an example of an asset-based loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other loans. Typically, these loans are tied to inventory, accounts receivable, machinery and equipment. Asset-based lending in this more specific sense is possible only in certain countries whose legal systems allow borrowers to pledge such assets to lenders as collateral for loans (through the creation of enforceable security interests).

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