Commercial Lending In Canada. Discomfort With Bank Financing. The Asset Lender Is Your Alternative

Commercial Lending In Canada. Discomfort With Bank Financing. The Asset Lender Is Your Alternative

Commercial lending by banks in Canada is not the only way in which Canadian business finances itself. When we talk to clients about non bank solutions there sometimes exists a certain level of ' discomfort'. Where it comes from we don't know, as thousands of firms in Canada are financing by non bank methods. That's the role of what we call the ' Asset lender ' - who comes in all shapes and sizes! Let's dig in. Generally speaking asset based lending is simply a broad term for non bank commercial finance firms that provide a variety of business lending solutions to the Canadian business owner/manager. These companies have carved out their own ' niche' when it comes to specialty lending in areas of equipment, current assets, tax credits, etc.

Author: Regular Articles
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