EL21220271
This loan security course will teach you how to manage the risk of a loan by using security. We will discuss different types of security including General Security Agreement (GSA), guarantees, fixed charge and floating charge security, and various types of assets used as collateral. Then, we will explore how to evaluate the quality of the security.
We will look at a real-world example for each type of security and demonstrate how identify the best security for the loan application. Finally, we will discuss the role of legal counsel and security registration and documentation.
LEARNING OBJECTIVES
Upon completing this course, you will be able to:
- Compare different types of security and assets used as security
- Determine the security value of different assets based on MAST principles
- Identify the most appropriate security to minimize the risk of the loan
- Discuss the role of legal counsel and the importance of legal representation
½ Passport Day - 2 PD Hours