BACKGROUND – What is Asset Based Lending or ABL?An asset based loan (ABL) is a type of business financing that is secured by company assets. Most asset based loans are structured to work as revolving lines of credit. This structuring allows a company to borrow from assets on an ongoing basis to cover expenses or investments as needed.Asset-based lending (ABL) is a great solution for businesses that have needs that…
In this episode we talk about the digital tools you will need to get your podcast out for content consumption! Everything you need is below. Remember to listen to the first Podcast-101 episode defining your Reason and Market (Link Below). As always, let me know how I can be of any help. Happy Podcasting. OTHER INDUSTRIAL RESOURCES: Documentation Of Podcasting…
BACKGROUND: The key with leasing is understanding if someone wants a Capital or Operating Lease. An operating lease is treated like renting — payments are considered operational expenses and the asset being leased stays off the balance sheet. In contrast, a capital lease is more like a loan; the asset is treated as being owned by the lessee so it stays on the balance…
Background: Now that we talked about the importance of good credit in a previous Industrial Talk podcast, now let’s focus on getting a business loan for working capital, expansion, inventory, receivables or perhaps payroll if cash is coming in slowly. One item of note is personal credit is not weighted as heavier as the viability of the…
Keith McAslan leverages his experience in building and selling businesses and offers his to Industrial business owners on this weeks Industrial Talk Podcast. In this podcast, Keith lays out the tangible steps for improving and maintaining your credit rating. This is the first step, in a 4 part series, to gaining access to capital for expansion and…
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