Biz Borrowing Basics - What Kind of Loan

What Kind of Loan? 2021

June 3, 2021
/ On Demand Webinars

In a broad sense, most loans can be divided into two basic types: an asset-based loan (ABL) and a cash flow loan.

An ABL is made by a lender who underwrites the loan primarily by valuing the company’s assets, such as accounts receivable (A/R) and inventory. An ABL lender underwrites a loan based on the ability to liquidate its collateral should it need to. A “cash flow” lender, in contrast, while also secured against the borrower’s assets, underwrites the loan primarily based on the cash flow and general credit-worthiness of the borrower.

The distinction between these types of loans is only the beginning of understanding the many types of loans available to a business, because within each of the two types there are many subtypes.

This webinar takes the audience through a guided tour of the various borrowing options available to businesses, from both a business and legal perspective, to paint the overall landscape of the different types of lenders that exist and to provide a framework for understanding what type of lender and loan may make sense for any particular borrower.

View PowerPoint Slides • View All Webinars in Business Borrowing Basics 2021

Webinar Faculty

Moderator:

Hajar Jouglaf

Hajar Jouglaf is an attorney with Much Shelist, P.C. where she is a corporate attorney who represents clients throughout the business lifecycle. She counsels both healthy and distressed businesses as… Read More

What Kind of Loan? 2021

Webinar Faculty

Moderator:

Hajar Jouglaf

Panelists:

Arlene Martin

Harvey Gross

Phillip Buffington