Stephanie Harvey
Partner
Vidéos
Publié12 janvier 2023
Designing a solid security package: Bank Act security
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.
7
minutes de lecture
My name is Stephanie Harvey and I am a corporate/commercial lending lawyer with Gowling WLG. You are watching video one of our 'Types of Security' video series. As the name suggests, each video in this series will discuss different security that a lender should consider when putting its security package together.
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
Watch more videos | Go to our lending resource hub
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.
CECI NE CONSTITUE PAS UN AVIS JURIDIQUE. L'information qui est présentée dans le site Web sous quelque forme que ce soit est fournie à titre informatif uniquement. Elle ne constitue pas un avis juridique et ne devrait pas être interprétée comme tel. Aucun utilisateur ne devrait prendre ou négliger de prendre des décisions en se fiant uniquement à ces renseignements, ni ignorer les conseils juridiques d'un professionnel ou tarder à consulter un professionnel sur la base de ce qu'il a lu dans ce site Web. Les professionnels de Gowling WLG seront heureux de discuter avec l'utilisateur des différentes options possibles concernant certaines questions juridiques précises.
