Alternative sources of financing - Asset - based financing ( like factoring ), bank loan and equity.

资金来源的其他选择 - 以资产为基础的融资 ( 如保理业务 ), 银行贷款和股本.

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But there are great deals of difficulties in using the asset - based valuation models.

而基于资产的定价方法在实际使用中存在着诸多困难,适用性不大.

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That's a major difference between a venture merchant bank and the typical asset - based lender.

这 就是 创业投资银行和风险投资家主要的不同.

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