Bankers traditionally look at the available cash flow of a company (basically its operating profit), when considering the creditworthiness for a loan. But some healthy businesses don't fit nicely into that approach.

An Asset-Based Lending approach can be a better way to secure capital for those businesses, says Keith Broyles, Senior Vice President and Head of Asset-Based Lending at Cambridge Savings Bank, in this podcast. Asset-Based Lending typically focuses on working capital loans based on the value of accounts receivables and inventory and/or term loan based on value of equipment.

Listen as Broyles discusses:

• Industries where Asset-Based Lending is common.
• How Covid-19 is impacting the demand for Asset-Based Lending.
• How to approach an asset-based lender.
• Why an abundance of capital means borrowers have more lending options now compared with previous business slowdowns.