Kevin Day, CEO, HPDLendscape is speaking in the article below about the risks affecting assets-based lenders.
Like all areas of financial services, asset-based lending and invoice factoring bring with them a raft of inherent risks that banks and providers must face and ensure are minimised to protect both themselves and their clients. The sheer range of risks is daunting, and the repercussions of poor of risk management can have potentially serious consequences on both a bank’s balance sheet and its reputation.
