Asset-based lending for our lending clients and our corporate clients has continued to be a viable option throughout the recession and into recovery. Asset-based lending's discipline is beneficial for clients without regard to the economy and provides liquidity with certainty during difficult times. We have represented asset-based lenders and corporate customers for many years and understand how to advise our clients. Companies with quality receivables, and inventory of raw materials and finished goods, are able to obtain credit based on the value of their assets without being required to meet a number of financial covenant ratios. Our familiarity with asset-based lending leads to efficiency for our clients.

Our representation of asset-based lending or corporate clients includes:

• Represented asset-based lenders in the middle market, lending to a manufacturer and distributor of hydraulics
• Represented a corporate borrower that is a leading branded footwear specialty retailer in a syndicated asset-based credit facility
• Represented a corporate borrower that is a leading designer, manufacturer and marketer of premium quality boots and footwear in a syndicated asset-based credit facility
• Represented a co-lender in a wide variety of syndicated asset-based financings