Asset-based finance : white paper no. 1

government program designers with a basis of technical understanding on asset-based financing as an approach to meet the operation and expansion needs of small- and medium-sized enterprises (SMEs). The paper summarizes different instruments of asset-based financing, describes when and how the instruments may be used in technical assistance interventions, and lists the programmatic prerequisites necessary to develop a project that provides or reinforces access to asset-based financing by banks and non-bank financial institutions. (Author abstract, modified)