Collateral strategies

When a business makes a loan, sells on account or consigns products, it trusts its borrower or customer to pay. But what if it does not pay? One of the most effective ways to protect against the consequences of nonpayment of an obligation is to obtain collateral. Collateral may not assure the debt will be repaid in full, but it helps eliminate or reduce risk of loss. Collateral affords important leverage in the event a borrower or customer becomes financially troubled. We develop and execute strategies for securing repayment of loans and accounts, including:

  • Collateral and lien analysis
  • Lien documentation and protection
  • Reclamation claims and other recovery rights
  • Second-lien and intercreditor arrangements
  • Purchase money security interests