Dickinson Wright’s asset-based lending team is well known for its vast experience in all aspects of asset-based lending, as well as its proactive and creative approach to solve the unique issues and challenges that face asset-based lenders. With extensive experience across virtually all industries and all collateral (with an emphasis on automotive), our team
regularly represents clients from the earliest stages of structuring and documenting asset-based loans to working out and collecting asset-based loans (including workouts, liquidations, bankruptcy, and litigation).Our asset-based lending clients include the largest national and international banks, super-regional banks, middle-market lenders, and non-bank lenders. With over 450 lawyers in 19 offices
throughout the United States and Toronto, Canada, we represent lenders wherever they or their borrowers are located.
• Structuring, documenting, and negotiating asset-based loans, including DIP Financing and use of cash collateral.
• Working out and collecting asset-based loans, whether in bankruptcy, an out-of-court restructuring or liquidation, or a private note sale.
• Perfecting liens on unique collateral.