October, 2022
Consumer and media businesses may be owed money by retailers and distributors as well as advertisers or licensing partners. Each type of customer pays on its own terms and disputes invoices for its own reasons.
In an asset-based facility, the lender reviews receivables by customer and sets eligibility for each customer. Availability then moves with the eligible balance as invoices are issued and paid.
About Great Elm Commercial Finance
Great Elm Commercial Finance (“Great Elm”) provides asset-based lending facilities to a wide gamut of middle-market businesses – serving as a one-stop shop for entrepreneurs, private equity firms, investment banks, and turnaround managers who need capital in tandem with speed and certainty. Our goal is to enable our financing partners to execute and deliver on their plans with industry leading, transparent commercial lending.
