Asset-Based Lending: A Practical Guide to Secured Financing
By John F. Hilson and Katherine Bell
Asset-Based Lending: A Practical Guide to Secured Financing provides step-by-step coverage of the current techniques, documents, risks, and protections at the heart of this complex specialty. This hands-on resource clearly:
explains the features, uses, mechanics, and upsides and downsides of every available secured financing technique
covers the asset categories, including accounts receivable, inventory, and equipment and fixture financing, and
instructs you on how to draft the full range of pertinent documents, with the aid of checklists and ready-to-use sample provisions and agreements.
Asset-Based Lending also guides you on how to:
accurately assess a borrower’s solvency before initiating a deal;
plan for bankruptcy risks when analyzing secured loans;
resolve conflicts between lead lenders and loan participants; and
reduce lenders’ liability exposure to environmental, securities, and tax laws.