Asset-Based Lending Market Expected to Reach USD 1324.75 Bn by 2030 | Key Players: Santander, HSBC
Asset-Based Lending Market Poised for Double-Digit Growth, Reaching Nearly $1.3 Trillion by 2030 The global asset-based lending market is expected to experience significant growth, with a projected CAGR (Compound Annual Growth Rate) of 11.32% from 2024 to 2030. This translates to a market size reaching nearly USD 1.325 trillion by the end of the forecast period, up from USD 625.35 billion in 2023. Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/189641 Market Driven by Need for Working Capital This growth is driven by the increasing demand for working capital, particularly among small and medium-sized enterprises (SMEs). Asset-based lending offers a flexible financing solution for businesses by using their existing assets, such as inventory or accounts receivable, as collateral. Market Insights and Segmentation The report by Maximize Market Research provides a comprehensive analysis of the asset-based lend...