1. Basic Asset Based Lending
All attendees should have sample ABL spread handout so they can see the entirety

2. HELLO!
I am Lisa Osborne
You can find me at

3. Basic Asset Based Lending
Eliminate need to add multiple collateral items in attempt to track Borrowing Bases
Quick Data Entry
Calculate LOC Availability
Analytics
Monthly Borrowing Base Portfolio Reporting

4. Borrowing Base Requirements
Unlimited Periods
Ability to spread monthly, quarterly, annually depending on customer
See period data side-by-side (trending)
Ability to have multiple types of A/R or Inventory
Ability to insert rows and re-label items
Spreading actual, thousands or millions

5. Enabling “ABL” Functionality
“ABL” enabled for a specific collateral type(s)
Enabling “ABL” Functionality
This will allow consolidate borrower base certificate – where a single certificate can be done for multiple collateral items
Add “ABL” button to Collateral page if collateral is ABL type

6. To sum up requirements: Basic Spreading Functionality is required

7. Adding Multiple BB Schedules
Click folder to access A/R or Inventory Schedules

8. Add New Schedule Add as many schedules as you need
Only add it once then spread periods normally

9. Inventory

10. Multiple of same type required?

11. Ability to change labels or insert rows will be supported
Accounts Receivable
Default Advance Rate prefill? Same as normal A/R collateral type?
What about Advance Rate – is it seasonally affected?

12. Borrowing Base Total all A/R Total all Inventory
Any other types of ABL collateral required?
Borrowing Base
See handout

13. Notice:
A/R Advance Rate A/R CAP
Borrowing Base
See handout

14. Borrowing Base (con’t)
Notice:
Inventory Advance Rate
Inventory CAP
Separate Borrowing Base Global CAP
Borrowing Base (con’t)
LOC Balance – from EOM that matches spread period? Allow you to bring in current period? Type in?

15. Analytics What other types of analysis do you perform? Liquidity
Excess
Availability/Short Fall
Suppressed Availability

16. Reporting Discussion What type of reporting is required?
Frequency – Monthly, Quarterly
Officers doing the tracking or someone else?
Track ABL based Loans
Monthly Reporting

17. Borrowing Base Summary Report
Monthly summary report of all Borrowing Base Certificates

18. Work Queues Do you need Work Queue? What for?
Coming Due based upon BBC due date?
Need to mix periods such as a queue with most recent periods for all customers?
By Statement Period?
Track ABL based Loans
Monthly Reporting

19. THANKS!
Any questions?