Originally aired January 20, 2011. The recent credit crisis has prompted traditional lenders to start applying a borrowing base to regular, everyday types of operating lines of credit. The practice, called Borrowing Base or Margin-based lending is making a resurgence as an attractive option in commercial lending. Find out if it is right for you and what type of value many commercial lenders are seeing from this back-to-basics approach to lending.
Participants will learn about:
· What Borrowing Base Lending is and why is it starting to gain popularity
· The challenges and the benefits of this type of lending
· Specific examples of banks that are seeing positive results by applying ABL techniques to non-ABL loans and the keys to their success
· 5 Borrowing Base best practices to consider when implementing this type of lending
Presented by:
Stephen Lewis, Managing Director, Previsio Partners
David Stott, VP of Product Marketing, Covarity