What Lenders Need to Know: Perfecting and Maximizing Nontraditional Collateral
From barges and planes to intellectual property and trusts, nontraditional collateral can help borrowers bring more to the table. But lenders should be careful to protect their interests and shore up their positions in these assets on the front end, or risk holding an empty bag in case of default. In this webinar, we’ll walk through how to evaluate and secure lien rights and interests for various types of collateral other than real property while avoiding common pitfalls.
Tune in for key considerations and actionable steps in:
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- Identifying assets and interests available for additional loan security which may provide value to lenders in the event of defaults or nonpayment.
- Ensuring effectiveness, enforceability and priority of collateral rights and interests.
- Maximizing value of liens and interests in the event of defaults or nonpayment.
This webinar is ideal for chief risk and credit officers, special assets executives, commercial loan officers, and legal officers and general counsel at financial institutions.
If you missed this event, you can view a recording here.
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