👉 Boragers, also known as floating loans or floating capital, are financial instruments that permit borrowers to borrow money without actually owning it. Instead of purchasing a fixed amount of assets from the borrower, they receive payments in an asset-backed security (ABS), which is essentially a bond backed by the borrower's collateral. When a borrower borrows money, they typically use this money to purchase a fixed amount of assets, such as real estate or equities. The borrower then uses these assets to pay back
