Asset-Based Lending

This new, third edition, has added many updates regarding critical asset-based collateral subjects and issues, including regulatory Uniform Commercial Code (UCC) changes and more.

 

Asset-based lending, or the extension of credit against company's balance sheet assets on a collateral margin basis, is a rapidly growing field in the lending arena - thanks to better controls and understanding as well as the intensification of non-bank competition in the field. Asset-Based Lending defines lending controls and policies, assessing collateral and borrower quality, loan pricing, collateral monitoring and much more, including:

 

- Cash collateral accounts, commingling funds and controlling payments and advances

- Completing notes, security agreements and other documents

- Accounts receivable and inventory lending

- Chattel paper, notes, machinery and equipment

- Direct and third party leasing

- Collateral field examinations

- Factoring