Many times bankers underwrite transactions that have a significant reliance on asset quality, although the transaction may not be considered to be an “asset based” transaction. Or a lender makes the assumption that a “hard asset” lender will be their secondary source of repayment without understanding the basics of asset based lending. This course develops an understanding of the risks associated with financing assets, particularly working capital assets.
This course is designed for the commercial lender with at least two years of lending experience. The participant does not need to have any asset based finance experience.