Designing a solid security package: Bank Act security

Types of securities

7 minute read
12 January 2023

Speaker:

Bank act security refers to a special set of four security documents that are only available to certain lenders, certain types of borrowers, and to secure certain types of assets.

In this video we discuss:

  • Security documents
  • Inventory financing from banks
  • Notice of intention
  • Availability and limitations

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How we can help

If you have any specific questions about the points discussed or it's specific application, please reach out to our Banking & Finance Group or Stephanie Harvey.

About the series

Bankers often require security to be executed on loan transactions, but may not understand what it is, or how to identify complicating factors. This series will survey common security documents, and work through associated issues a financial professional may encounter in this space, including: guarantees, security agreements, mortgages, assignment of rents, assignment of insurance, share pledge agreements, and security agreements over intellectual property, among others.


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