Small, mid-ticket equipment companies ramp up use of ABS for funding
More small and mid-ticket equipment companies are tapping the securitization market in recent weeks, as low rates and growth prospects drive them to the capital markets.
“We’re seeing demand [from small and medium-sized businesses (SMEs)] for small ticket equipment receivables, be it loans or leases, that’s showing how smaller businesses are trying to lock up financing and are also looking for growth,” said a commercial ABS banker.That does not line up necessarily with ...
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