Reporting
Borrowing Base Certificate
Also known as: BBC
status: draft
A periodic certificate showing eligible collateral, exclusions, reserves, outstanding advances, and remaining availability under the borrowing base.
What to watch
Treat it as a signed compliance document. Errors can create defaults, forced repayments, or credibility problems with your capital provider.
Referenced in 27 topics
Administration agreement documentation Advance rates and the borrowing base mechanics Amendments and waivers lifecycle-events Back leverage and fund financing playbooks Borrowing base certificate operations-lifecycle Borrowing base mechanics mechanics Cash operations and waterfall execution operations-lifecycle Conduit and ABCP programs structures Covenant compliance monitoring operations-lifecycle Covenants mechanics Credit agreement and indenture documentation Document coordination documentation Evaluating portfolio quality and performance playbooks Investor and SEC reporting operations-lifecycle Managing multiple facilities playbooks Navigating the deal process playbooks Negative and affirmative covenants mechanics Ongoing portfolio management operations-lifecycle Ongoing portfolio management (capital provider) playbooks Ongoing reporting and surveillance operations-lifecycle Pool formation and onboarding operations-lifecycle Reporting requirements operations-lifecycle Sample term sheet (annotated) appendix Subscription finance / capital call lines structures Term sheet anatomy documentation Treasury management for multi-facility originators playbooks Warehouse facilities structures