A business that is growing can be considered a blessing, but what is a company to do when growth outpaces the company's ability to secure the capital that it needs to build the inventory to fulfill the demands of the marketplace? One option is asset-based lending, where a company uses secured assets, such as inventory or accounts receivable, as security. To better explain this option, Woodworking Magazine sat down with Blair Davidson, a partner in the transaction advisory practice of KPMG LLP.
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