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ABL emerges in the EU

01/07/2004Source: Bank of America Business Capital.  

Asset-based lending is big business in the US. As a widely accepted form of middle-market financing, thousands of ABL transactions close each year. The story in Europe is quite different, according to Bank of America Business Capital.

The European market is smaller, less mature and considerably more complex from a regulatory perspective. Nonetheless, interest in ABL is increasing.

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This article first appeared in CapitalEyes, a Bank of America Business Capital monthly e-Newsletter on middle-market leveraged finance.

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