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Phone/Audio Streaming 

Thursday, July 12, 2018

Program: 1:00-2:00p

Click on the "In Depth" tab for tuition and speaker information.

Asset-based loans are the most common form of finance among closely held companies.

Often lenders are unwilling to loan on the basis of a company’s cash flow – or loan on terms the company finds acceptable – leaving collateral based loans – secured by the company’s equipment, inventory, receivables or other assets – as the only form of capital available to the company.

Each type of collateral loan has a different structure and its own nuances that may help the company sustain operations and grow, or prove to be an operational hindrance.

This program provides a practical guide to structuring, reviewing and drafting for asset-based loans.

Part 1 topics include:

  • Asset based v. cash flow borrowing – how it impacts reps, warranties and covenants in loan documents
  • Overlay of UCC Article 9 law and practice on asset-based finance
  • Types of loans – revolving loans based on inventory and receivables, terms loans based on equipment, and chattel paper financing
  • Structures – bilateral v. syndicated loans, letter of credit facilities, second liens, inter-creditor agreements
  • Lender fees and other compensation
Product Information
Date Presented:
July 12, 2018 1:00 PM Eastern
Length:
1 hour
Registration Fee:
Free
Structuring and Drafting for Asset-based Financing - Part 1 | Live Replay from August 22, 2017 | Phone/Audio Streaming

Registration Tuition:

 
NCBA Member $80
Non-Member $80


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Speaker Information
Steven O Weise   [ view bio ]
Individual topic purchase: Selected
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00
Questions?
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