Structuring & Drafting for Asset-based Financing, Part 2

Wednesday August 23, 2017

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 will provide you with a practical guide to structuring, reviewing and drafting for asset-based loans.

Handout Materials Will be Emailed to You Prior to the Seminar

Starts 12:00 p.m.
1.0 MCLE Credit Hours


·         Focus on specific types of loans and structuring and drafting nuances of each

·         Equipment financing – attachment, perfection and priority issues

·         Inventory financing – eligibility, lending formula, and attachment

·         Receivables financing – identifiable cash proceeds, lockbox arrangements and control agreements

·         Anticipating enforcement – repossession, disposition, and retention

·         Review bankruptcy issues


Steven O. Weise, Proskauer Rose, LLP – Los Angeles