Asset Based Loan and Formula Lines of Credit Policy
The purpose of this Asset Based Loan and Formula Lines of Credit Policy Template is to address asset-based loan (ABL) products, underwriting, and related lending operations of a bank, credit union, fintech company, or other type of financial institution. In general, an ABL is a specialized loan product that provides fully collateralized credit facilities to borrowers that may have high leverage, erratic earnings, or marginal cash flows.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Risk Management – Topic 4
- Program Administration – Topic 5
- Loan Structures – Topic 6
- Borrower Analysis – Topic 7
- Borrowing Base – Topic 8
- Controls – Topic 9
- Third Party Guarantees or Insurance – Topic 10
- Participations – Topic 11
- Debtor-in-Possession Financing – Topic 12
- Credit Risk Rating Assignment – Topic 13
- Problem Loan Management – Topic 14
- Allowance for Credit Losses – Topic 15
- Audit Policy – Topic 16
- Staff Training – Topic 17
- Retention of Documentation – Topic 18
This Asset Based Loans and Formula Lines of Credit Policy Template (approximately 33 pages) is available to purchase from BankPolicies.com in Microsoft®Word format.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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