Asset-Based Lending Market Analysis, Trends, and Scope 2021 to 2022
Asset-Based Lending Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 740.24 Billion |
Market Size by 2031 | US$ 1,901.66 Billion |
Global CAGR (2023 - 2031) | 12.5% |
Historical Data | 2021-2023 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The "Asset-Based Lending Market Analysis" was carried out based on type, interest rate, organization size, and geography. In terms of type, the market is segmented into equipment financing, inventory financing, receivables financing, and others. Based on the interest rate, the market is bifurcated into a fixed rate and floating rate. In terms of organization size, the market is bifurcated into SMEs and large enterprises. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Asset-Based Lending
Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the asset-based lending market. A few recent key market developments are listed below:
- In March 2024, Praetura Commercial Finance – together with sister company Zodeq –secured a £200m asset-based lending securitization facility provided by Barclays to boost support for SMEs across the UK. The Barclays facility enhances Praetura’s ability to meet rising demand for alternative lending, with the business expecting to support over 1,000 additional SMEs each year.
[Source: Praetura Commercial Finance, Company Website]
- In October 2023, Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for Solifi asset-based lending. The release includes several new features aimed at improving efficiency through automation, reporting, and customer experience. The company’s SaaS Open Finance Platform enables the rapid release of new features that improve communication between lenders and borrowers. These new features reduce the requirement for manual reporting while bringing innovation to the company’s asset-based lending and receivables financing lenders and customers without disruption to their business.
[Source: Solifi, Company Website]
Asset-Based Lending
Market Report Coverage & Deliverables
The market report on “Asset-Based Lending Market Size and Forecast (2021–2031)”, provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country- level for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.