# Asset-Based Lending Practice

**IRI:** https://folio.openlegalstandard.org/R9qWOyiOCY9v0cF2P0cRjvx

## Labels

**Preferred Label:** Secured Financing Legal Practice

**Alternative Labels:**

- Asset-Backed Financing Practice
- Collateral-Based Lending Legal Work
- Secured Lending Practice

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RmiM5JwX7zJYQs8QRneJYR

## Parent Class Of

- https://folio.openlegalstandard.org/RDkWZtlhJVbVdxHsT52SK45

**Deprecated:** False