Asset-Based Lending Market 2024 - Size, Trend Analysis, Industry Share, Current Growth, Top Major Players And Forecast To 2033


Posted March 27, 2024 by snigdhatbrc

Global asset-based lending market size is expected to reach $1262.76 Bn by 2028 at a rate of 12.5%, segmented as by type, inventory financing, receivables financing, equipment financing, other types

 
The Asset-Based Lending Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Asset-Based Lending Market:
https://www.thebusinessresearchcompany.com/report/asset-based-lending-global-market-report

According to The Business Research Company’s Asset-Based Lending Global Market Report 2024, The asset-based lending market size has grown rapidly in recent years. It will grow from $697.75 billion in 2023 to $787.28 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to economic downturns and credit challenges, need for working capital financing, cyclical nature of industries, corporate restructuring and turnarounds, asset-rich, cash-poor situations..

The asset-based lending market size is expected to see rapid growth in the next few years. It will grow to $1262.76 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to global economic trends and volatility, increased demand for non-traditional financing, expanding role in cross-border transactions, focus on working capital optimization, industry-specific tailoring.. Major trends in the forecast period include expansion of cross-border asset-based lending, application of artificial intelligence (ai) in credit decisioning, collaboration between traditional lenders and fintechs, focus on non-traditional collateral types, integration of risk management analytics.

The increasing demand for loans is expected to propel the growth of the asset-based lending market going forward. A loan is a financial arrangement in which one party, typically a lender such as a bank or financial institution, provides a specific amount of money or other assets to another party, the borrower. Asset-based lending offers various benefits in delivering loans with flexible financing, enhanced liquidity, and scalability. For instance, in June 2023, according to ABL Advisor, a US-based online platform that offers news, information, and viewpoints on the commercial finance and asset-based lending (ABL) industries, the total number of loans made in the US for 2021 was $502.3 billion, a 10% increase from 2020. Therefore, the increasing demand for loans is driving the growth of the asset-based lending market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13118&type=smp

The asset-based lending market covered in this report is segmented –
1) Asset-Based Lending Market By Type: Inventory Financing, Receivables Financing, Equipment Financing, Other Types
2) Asset-Based Lending Market By Interest Type: Fixed Rate, Floating Rate
3) Asset-Based Lending Market By End User: Large Enterprises, Small And Medium-Sized Enterprises

Major companies operating in the asset-based lending market are focused on developing platforms with advanced technology, such as sophisticated technology, to help improve returns, transparency, and customization and drive revenues in the market. Sophisticated trading technology refers to using advanced tools, software, and infrastructure to execute trades, analyze data, and manage trading operations efficiently to enhance trading performance, reduce latency, and improve decision-making processes. For instance, in April 2021, Fidelity Investments, a US-based financial services corporation, launched a digital platform called Fidelity Agency Lending. It is an exhaustive digital platform incorporating Fidelity’s deep trading expertise and sophisticated technology. This solution combines several attributes businesses seek in an agent lender, such as the infrastructure, proficiency, and expertise to increase returns and provide program customization and transparency.

The asset-based lending market report table of contents includes:

1. Executive Summary

2. Asset-Based Lending Market Characteristics

3. Asset-Based Lending Market Trends And Strategies

4. Asset-Based Lending Market - Macro Economic Scenario

5. Global Asset-Based Lending Market Size and Growth

.....

32. Global Asset-Based Lending Market Competitive Benchmarking

33. Global Asset-Based Lending Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Asset-Based Lending Market

35. Asset-Based Lending Market Future Outlook and Potential Analysis

36. Appendix

Read Related Reports:

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https://www.thebusinessresearchcompany.com/report/peer-to-peer-p2p-lending-global-market-report

https://www.thebusinessresearchcompany.com/report/lending-and-payments-global-market-report

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Last Updated March 27, 2024