ELI5: Explain Like I'm 5

Intangible asset finance

Intangible asset finance is when businesses borrow money from banks or other lenders to help pay for things that are hard to touch or see. This could be things like patents, trademarks, or branding. Banks and other lenders loan money to businesses for these intangible assets because they understand that they can be used to help make the business money over time. So, these lenders get a promise from the business that they will pay back the loan with interest over time.
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