It’s All in the Abbreviations—ABCs of ABL

Stay abreast of developments in the asset-based lending (ABL) market by reviewing this practice note, which provides an overview of asset-based lending in the U.S. loan market and discusses current market trends in publicly filed asset-based loan agreements since the last quarter of 2020.

READ NOW »

Related Content

• Asset-Based Lending Resource Kit
  Refer to this resource kit for an overview of asset-based lending. ABL loans may be used by a wide variety of businesses, both in terms of size and credit quality, and may also be used for a number of different purposes. 

• Facilities and Structuring Issues in Asset-Based Lending
  Read this practice note for an overview of  the types of loan facilities used in asset-based credit facilities, including revolving, term, and  letter of credit facilities, and the issues that arise in structuring such facilities and fraudulent transfer laws.

• Borrowing Base Certificate (Asset-Based Loan Agreement)
  Refer to this template which is used in an ABL facility to show the calculation of the borrowing base used in the underlying loan facility.

• Borrowing Base Definition (Asset-Based Loan Agreement)
  Use this borrowing base definition clause in an asset-based loan agreement. The borrowing base is used by the lender to determine the initial and the ongoing maximum loan amount and to determine compliance with the financial covenants.

Practical Guidance Updates

Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Finance Fundamentals Resource Kit
• Cryptocurrency Regulation Overview Video
• Understanding the Loan Transaction Video
• Check out the new Practical Guidance Author Center! Learn about the 1500+ leading attorney authors contributing to our 20 practice areas, and find out how you can Become a Practical Guidance Author.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.  

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+