Asset-Based Lending: A Practical Guide to Secured Financing (Eighth Edition)

Asset-Based Lending: A Practical Guide to Secured Financing provides step-by-step coverage of the current structures, documents, risks, and protections at the heart of this complex specialty.

This resource clearly:

• Explains the features, uses, mechanics, upsides and downsides of this sophisticated secured financing technique
• Covers the asset categories that are most prevalent, including accounts receivable, inventory, and equipment, together with a detailed discussion of intellectual property financing
• Instructs on competing liens and priority considerations that should remain top of mind
• Provides examples of a range of pertinent documents and checklists

Asset-Based Lending also provides guidance on how to:

• Identify and plan for bankruptcy risks when analyzing secured loans
• Anticipate and resolve conflicts between agents and loan participants
• Identify lenders’ exposure to lender liability, environmental, securities, and tax laws in their dealings with borrowers