Most companies don’t know this, but your future sales are an asset you can finance for upfront capital. Under the Uniform Commercial Code (UCC), Article 9 (also known as UCC-9), “Accounts” is defined as: Examples of UCC-9 Assets “Accounts receivable” (A/R)…
Infographic: Asset vs. Sales Based Financing
In commercial credit, there are only two types of capital. Here’s an infographic to know the difference and find out what’s for you. Asset Based Financing vs. Sales Based Financing Each has it’s place in time, use, and the capital stack….