Banking & Commercial Finance
Practice Area

Asset-Based Loans

Overview

Hackett Feinberg advises national and regional financial institutions on all aspects of asset-based lending (ABL), including bilateral and syndicated facilities through the full life cycle of an ABL credit facility.

Our experience ranges from initial structure to documentation, administration, and refinancing; to restructuring, workouts, and bankruptcy. We are recognized for our extensive skill in executing ABL transactions, including our acuity in identifying acceptable levels of risk across many different industries and asset classes.

Our clients consist of lending and financial institutions, commercial finance companies, borrowers, equity sponsors, lessors, venture capital groups, investors, and, at times, sellers, lessees, and borrowers.

At the center of our ABL practice is personal property-secured transactions of many varieties. This includes loans and leases, syndications and participations, chattel paper portfolio purchases and sales, consumer transactions, secured and unsecured structured or financially engineered creditor facilities, interest rate and currency swaps, and credit enhancements for taxable and tax-exempt debt securities. We are valued for our proven ability to provide superior legal counsel and outstanding service at a price and within the time constraints now expected and required in the marketplace.

Our attorneys have represented both lenders/lessors and borrowers/lessees and earned working knowledge of secured-financing transactions both from a structuring and documentation standpoint. We are fluent in the many details and moving parts real property transactions demand and in the bankruptcy and litigation concepts and procedures pertaining to these matters.

We are experienced in a wide variety of financing structures, such as:

  • Accounts receivable financing
  • Acquisition financing
  • Bond transactions
  • Equipment leasing
  • ESOPs
  • Exit financing
  • Franchise financing
  • Interest rate swap transactions
  • Inventory financing
  • Letters of credit
  • Leveraged buyouts
  • Leveraged leases
  • Leveraged recapitalizations
  • Loan participation and syndication
  • Private equity financing
  • Renewable energy financing (front and back leverage)
  • Revolving loans
  • Sales and leasebacks
  • Securitizations

 

Let’s Get to Work!

To learn more about how we can help, please contact Shaun Briere or Brian Plunkett at 617.422.0200.

Attorneys