Identification
- Label (rdfs)
- Asset-Based Lending Practice
- Preferred Label
- Secured Financing Legal Practice
- Alternative Labels
- Asset-Backed Financing Practice, Collateral-Based Lending Legal Work, Secured Lending Practice
- Identifier
- N/A
Definition and Examples
- 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.