Heritage Global Inc. is an asset services company that acquires, brokers, refurbishes, and disposes of industrial and financial assets across more than 25 global sectors. Through its Industrial Assets Division, the company operates a global auction and appraisal platform for manufacturing facilities and used industrial machinery, and a refurbishment business focused on laboratory equipment for biotech and pharmaceutical clients. Through its Financial Assets Division, it brokers charged-off receivables for banks and lenders, and provides specialty lending to investors in distressed asset portfolios. The company generates revenue through service fees, commissions, interest income, and loan origination fees, positioning itself to benefit from multiple revenue streams across economic cycles.