<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R9qWOyiOCY9v0cF2P0cRjvx">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RmiM5JwX7zJYQs8QRneJYR"/>
  <rdfs:label>Asset-Based Lending Practice</rdfs:label>
  <skos:altLabel>Asset-Backed Financing Practice</skos:altLabel>
  <skos:altLabel>Collateral-Based Lending Legal Work</skos:altLabel>
  <skos:altLabel>Secured Lending Practice</skos:altLabel>
  <skos:prefLabel>Secured Financing Legal Practice</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>