Watch This! Floor Plan Financing Video

Watch this new video describing the key characteristics of floor plan financing, where the floor plan lender provides the dealer with a revolving line of credit under which the lender makes advances against specific items of inventory.

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Related Content

• Facilities and Structuring Issues in Asset-Based Lending
  Read this discussion 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.

• Advance Rates for Eligible Assets
  Review this practice note discussing advance rates for eligible assets in an asset-based loan. Advance rates are part of the construction of the borrowing base in an asset-based lending facility.

• Security Interests Resource Kit
  Check out this resource kit providing an overview of the creation, perfection, and priority of security interests under the Uniform Commercial Code.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Market Trends 2023/24: Reserve-Based Loan Credit Agreements in the Oil and Gas Industry
• Market Trends 2023/24: Covenant-Lite Loans
• Market Trends 2023/24: Telecommunications Industry Financing
• Collateralized Fund Obligation Transactions
• Factoring Transactions Video
• Second Lien Financings Video
• Demand Guarantees Video
• Drafting and Reviewing Legal Opinions in Loan Transactions Checklist
• Drafting and Negotiating a Credit Agreement Checklist
• Drafting and Negotiating Guaranties in Loan Transactions Checklist
• Bank Failure Resource Kit assembles Practical Guidance resources covering topics related to bank failures.
• Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client relationship, an overview of privacy regulations in the United States, and a primer on the new Corporate Transparency Act requirements.
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID, and more.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• Learn about the 2000+ leading attorney authors contributing to our 26 practice areas in the Practical Guidance Author Center. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.  
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.   

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