ABL Trends in the U.S. Loan Market

Make sure you are up to date on the latest trends in asset-based lending in the U.S. loan market. Asset-based loans (sometimes referred to as ABLs) are used by a wide variety of businesses, both in terms of size and credit quality, and may also be used for many different purposes. This practice note discusses current market trends in publicly filed credit agreements since January 2023.

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Related Content

• Asset-Based Lending Resource Kit
  Refer to this resource kit for an overview of asset-based lending. It includes guidance on the core components of an asset-based loan transaction, including detailed practice notes, templates, and checklists.

• Borrowing Base Certificate (Asset-Based Loan Agreement)
  Review this template designed for use 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 financial covenants.

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