GITNUX MARKETDATA REPORT 2024

Asset Based Lending Industry Statistics

The asset-based lending industry is expected to continue growing steadily, driven by increasing demand for flexible financing options and expanding credit markets.

Statistic 1

"Asset-based lending is growing at a rate of 20% per annum."

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Statistic 2

"The United Kingdom alone has an asset-backed lending market of approximately £20bn."

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Statistic 3

"Asset-based lenders in the United States lent more than $1 Trillion in 2019."

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Statistic 4

"Asset-based lending in 2019 grew at its fastest rate since the financial crisis."

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Statistic 5

"In 2020, despite the Covid-19 pandemic, Asset-based lending remained a $3 Trillion industry."

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Statistic 6

"Utilization rates in the ABL industry were at about 40% in Q2 2020."

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Statistic 7

"70% of North American asset-based lenders reported an increase in commitments in 2019."

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Statistic 8

"The Europe asset-based lending market size was valued at $395.83 billion in 2020."

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Statistic 9

"Almost 30% of small to medium sized businesses in the UK operate with an asset-based lending facility."

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Statistic 10

"The overall utilization rate for asset-based lenders was 45.3% in Q4 2019."

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Statistic 11

"Pledge-based loan is the fastest growing segment in the asset-based lending market, growing at a CAGR of 13.6% from 2021-2030."

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Statistic 12

"Banks account for 70% of asset-based loans."

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Statistic 13

"Online/electronic platform users represent the highest market share in the asset-based lending market as they accounted for more than 60% in 2020."

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Statistic 14

"Over 70% of asset-based lending occurs on the retail and commercial sector."

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