Asset-Based Lending: Policy and Underwriting Guidance

OVERVIEW

Asset-based lending (often referred to as "ABL") is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow currently may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of the collateral's liquidation.

The collateral is typically available to secure the asset-based loan including accounts receivable, inventory, machinery and equipment, general and specific intangibles, real estate, and other assets. Because working capital support is the primary objective of most asset-based loan facilities, accounts receivable and inventory generally are the bank's core collateral. Personal guarantees, often secured, can be taken.

WHY SHOULD YOU ATTEND?

Monitoring and controlling collateral is critical to the asset-based lender to mitigate repayment risk. Collateral evaluation begins with a comprehensive field examination to determine value, followed by a continuing program of periodic examinations. The collateral and loan values are monitored continuously (daily/weekly/monthly) to ensure that the realizable value of the collateral is always sufficient to repay outstanding.

This webinar will explain how the ABL policy and process must work to ensure the bank is repaid on time, in full, and as agreed.

LEARNING OBJECTIVES

To explain the definition of Asset-Based Lending (ABL).
To identify characteristics of ABL Clients.
To analyze the evaluation of and Lending on Accounts Receivable.
To review evaluation of and Lending on Inventory.
To discuss the structuring of a Working Capital Line of Credit.
To analyze the administration of Lines of Credit.

AREAS COVERED

Key Topics discussed in this course:

Characteristics Of ABL Borrowers
Customers’ Advantages for An ABL Facility
Collateral Considerations
Risks
Types Of Facilities
How Advance Rates Are Determined

WHO WILL BENEFIT?

This webinar will be appropriate for:

Credit Analysts
Credit Managers
Review Officers
Work-out Officers
Commercial Lenders
Credit Risk Managers
Chief Credit Officers
Senior Lenders, Senior Lending Officers
Bank Directors
Chief Executive Officers
President, Board Chairman

Purchase options

Option	Price
Recorded Link Only	$199
Recorded USB Only	$349
Corporate Recording (Upto 10 Attendees)	$599

*Training USB will be shipped within 7-10 working days. *Buy Now Pay Later option is available in the payment cart page.
*In case you're unable to attend the live session, we'll make sure you receive the recording promptly.

Create inquiry

PLEASE CONFIRM THAT YOUR ARE NOT A ROBOT

Name

E-mail

Phone number

Job title

PLEASE CONFIRM THAT YOUR ARE NOT A ROBOT

Customer support

Email: [email protected]

Call: +1-855-202-3299

Mr. Dev Strischek

Principal, Devon Risk Advisory Group

About speaker

A frequent speaker, instructor, advisor, and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek is the principal of Devon Risk Advisory Group based near Atlanta, Georgia. Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc.

Besides stints at other banks in Florida, Kansas City, and Ohio, his experiences outside of banking include CFO of a Honolulu construction company, combat engineer officer in the U.S. Army, and college economics instructor in Hawaii, Missouri, and Florida. A graduate of Ohio State University and the ABA Stonier Graduate School of Banking, he earned his M.B.A. from the University of Hawaii. Mr. Strischek serves as an instructor in RMA’s Florida Commercial Lending School, the American Bankers Association's (ABA), Advanced Commercial Lending School, ABA’s Stonier Graduate School of Banking, and the Southwest Graduate School of Banking.

Mr. Strischek has written over 200 articles about credit risk management, financial analysis, and related subjects for the ABA’s Commercial Insights, the Risk Management Association’s RMA Journal, and other business professional journals. He is the author of Analyzing Construction Contractors and its related RMA workshop.