Mechanics
Eligibility criteria
status: draft
The rules that determine whether an asset counts in the borrowing base or securitized pool.
What to watch
Small criteria changes can create large availability swings. Review borrower, asset, documentation, seasoning, delinquency, and concentration tests.
Referenced in 91 topics
ABF vs. traditional lending (when ABF makes sense, when it doesn't) foundations Administration agreement documentation Advance rates and the borrowing base mechanics Amendments and waivers lifecycle-events Approaching banks for warehouse capital playbooks Auto loans and leases asset-classes Back leverage (provider perspective) capital-sources Back leverage and fund financing playbooks Bank regulatory considerations legal BNPL receivables asset-classes Borrowing base certificate operations-lifecycle Borrowing base mechanics mechanics Build vs buy decisions operations-lifecycle Building an originator pipeline playbooks Building relationships while negotiating playbooks Calculation agents and data agents counterparties Cash flow modeling accounting-valuation Cash operations and waterfall execution operations-lifecycle Choosing the right structure playbooks Collateral analytics checklist appendix Collateralized loan obligations (CLOs) structures Conduit and ABCP programs structures Covenant cures and waivers mechanics Covenants mechanics CRE CLOs asset-classes Credit agreement and indenture documentation Credit funds and private capital capital-sources Credit-linked notes / synthetic securitizations structures Deal autopsy: why deals fail playbooks Deal timeline matrix appendix Document coordination documentation Documentation negotiation playbooks Early-stage financing guide playbooks Equipment leases and loans asset-classes ESG and sustainability-linked structures market-landscape Financing progression roadmap playbooks Finding the right capital partner playbooks Forward flow agreements structures Healthcare receivables asset-classes Home equity and helocs asset-classes How ABF works (5-minute overview) foundations Insurance-affiliated asset managers capital-sources Law firm finance asset-classes Loan tape fundamentals accounting-valuation Managing legal costs playbooks Managing multiple facilities playbooks Navigating the deal process playbooks Negotiation strategy playbooks Offering document preparation documentation Ongoing portfolio management operations-lifecycle Ongoing portfolio management (capital provider) playbooks Personal / unsecured consumer loans asset-classes Pool formation and onboarding operations-lifecycle Portfolio covenants mechanics Pricing negotiation playbooks Private placement memorandum (PPM) documentation Questions to ask your legal team playbooks Rating agencies counterparties Rating agency engagement for funds playbooks Reps, warranties, and enforcement documentation Revenue-based financing asset-classes Revolving, prefunding, and reinvestment mechanics Risk factors documentation Sale and contribution agreement documentation Sample term sheet (annotated) appendix SEC-registered prospectus documentation Security and pledge agreements documentation Servicer responsibilities counterparties Single-family rental (SFR) asset-classes Small business loans (including SBA 7(a)) asset-classes Solar / renewable energy (PACE, PPA, solar loan) asset-classes Sourcing capital for your portfolio playbooks Sourcing deals (originator perspective) playbooks Structural terms negotiation playbooks Technology and infrastructure operations-lifecycle Term sheet anatomy documentation The economics of ABF for originators (worked examples) playbooks Top deal process mistakes playbooks Trade receivables and supply chain finance asset-classes Transaction agreements documentation Transitioning between capital providers playbooks Treasury management for multi-facility originators playbooks Trigger remediation strategies mechanics Understanding deal fees playbooks Upsizing and facility expansion lifecycle-events Warehouse facilities structures What capital providers care about playbooks What is negotiable by structure type playbooks Whole loan sale and forward flow strategies playbooks Whole loan sales structures Working with credit funds playbooks