![]() ![]() With asset financing, if other assets are used to help the individual qualify for the loan, they are generally not considered direct collateral on the amount of the loan. The same concept applies to businesses buying assets. New opportunities await: Optimize your used equipment fleet with the support of our experts Check out this flyer for more information on life cycle asset management and its. With asset-based lending, when an individual borrows money to buy a home or a car, the house or the vehicle serves as collateral for the loan.If the loan is not then repaid in the specified time period, it falls into default, and the lender may then seize the car or the house and sell it in order to pay off the amount of the loan. DLL’s Used Equipment Sales team is specialized in sourcing and selling quality used equipment, with the goal of building long-term relationships with potential buyers. ![]() DLL provides asset-based financial solutions in the Agriculture, Food. The Difference Between Asset Financing and Asset-Based LendingĪt a basic level, asset financing and asset-based lending are terms that essentially refer to the same thing, with a slight difference. DLL is a global vendor finance company with more than EUR 30 billion in assets. Some companies prefer to use asset financing in place of traditional financing as the financing is based on the assets themselves rather than the bank's perception of the company's creditworthiness and future business prospects.Over the years, DLL’s global reach, industry specialization, asset knowledge, digital solutions and people have played an integral role in delivering a customer experience that has been unrivaled in the marketplace. ![]() In 2019, DLL will celebrate its 50th anniversary.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |