The International Finance Corporation is preparing to support the development of an asset-based financing framework in Azerbaijan, according to an exclusive report. Asset-based financing lets a company borrow against assets such as inventory or receivables rather than lean only on credit history or fixed collateral. For Azerbaijani firms without long borrowing records, such a framework could open up funding that is hard to secure today. The IFC, the private-sector arm of the World Bank Group, has a track record of advisory work with Azerbaijani financial institutions. The report leaves open the details, including timelines and which local partners would be involved. Even without those answers, the news points to continued effort to deepen Azerbaijan's financial market beyond its oil economy.