In an asset-based loan, the lender advances funds based on a percentage of the accounts receivable and inventory; ..... accounts receivables (past due receivables, inter-company receivables, and other lower quality receivables) are not included in the borrowing base.

In an asset-based loan, the lender advances funds based on a percentage of the accounts receivable and inventory; ..... accounts receivables (past due receivables, inter-company receivables, and other lower quality receivables) are not included in the borrowing base. (*) ineligible (*) intangible (*) substandard (*) substantial


This is a companion discussion topic for the original entry at https://english.best/questions/10975,in-an-asset-based-loan-the-lender-advances-funds-based-on-a-percentage-of-the-accounts-receivable-and-inventory-___-accounts-receivables-past-due-receivables-inter-company-receivables-and-other-lower-quality-receivables-are-not-included-in-the-borrowing-base/