Asset Based Finance Boom Sign of Increasing Investment

A sign that the level of business investment in the economy is on the up comes in the form of a report that 'asset based' borrowing to finance business assets and property increased to an all-time high of £4.2 billion in 2014, up 9 per cent on the year before.

Under asset based borrowing, the sum borrowed is secured against specific assets, not part of a general indebtedness such as an overdraft.

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