{"iri":"https://folio.openlegalstandard.org/R9qWOyiOCY9v0cF2P0cRjvx","label":"Asset-Based Lending Practice","sub_class_of":["https://folio.openlegalstandard.org/RmiM5JwX7zJYQs8QRneJYR"],"parent_class_of":["https://folio.openlegalstandard.org/RDkWZtlhJVbVdxHsT52SK45"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Secured Financing Legal Practice","alternative_labels":["Asset-Backed Financing Practice","Collateral-Based Lending Legal Work","Secured Lending Practice"],"translations":{},"hidden_label":null,"definition":"Asset-Based Lending Practice involves legal work related to providing loans secured by a borrower's assets, such as inventory, accounts receivable, or equipment. This practice includes drafting and negotiating loan agreements, conducting due diligence on collateral, and ensuring compliance with relevant laws and regulations.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}