The popularity of asset-based lending, which are loans secured by an asset, is continuing to grow. With the exception of 2001, the volume of outstanding asset-based loans has shown year-over-year growth since 1992, says Brian Cove, the Commercial Finance Association's chief operating officer.
Asset-Based Lending Continues Its Growth [1] | Source: The Big Fat Finance Blog [2].
Links:
[1] http://bigfatfinanceblog.com/2009/06/24/asset-based-lending-continues-its-growth/
[2] http://bigfatfinanceblog.com