Loan Documentation 101
A Webinar Series for All Your Lenders
and Support Staff
Loan Doc I
January 15, 2009, 1:30-3:30 CT
The Basics: Obtaining Enforceable Liens Under UCC9
This first seminar in a series of three presents basic loan documen-
tation principles and practices under Revised Article 9 for collateral
other than real estate. Topics for discussion include:
z Perfecting a security interest (lien) under Revised Article 9
z UCC-1 filing requirements, including where to file and collateral
description language
z Understanding how and why collateral “classifications” provide
the basis of proper perfection of security interests
z How to perfect a security interest by using the “1-3-1 Approach”
z Critical issues and documentation requirements to consider when
extending credit to individuals (including proprietorships),
corporations and LLCs, including Article 9 exact name standards
Loan Doc II
January 30, 2009, 1:30-3:30 CT
Lien Perfection: Getting it Right
Session II builds on the principles learned in Session I. Items cov-
ered include a variety of specific classifications of collateral, lan-
guage description requirements for UCC and security agreements,
terminations, assignments and releases. Purchase money security
interests, collateral not owned by the borrower and other documen-
tation topics are also discussed. Highlights include:
z Goods (tangible personal property): consumer goods, inventory,
equipment and farm products
z
Intangible Personal Property: accounts, instruments, investments,
deposit accounts, chattel paper, documents, payment intangibles,
commercial tort claims software, letter of credit rights and general
intangibles
z Fixtures: These items are “weird”, demanding and worth paying
attention to
Loan Doc III
February 3, 2009, 1:30-3:30 CT
Reviewing Collateral Files
This session presents a unique collateral documentation checklist
that gives lenders the ability to quickly and effectively review collat-
eral documentation for acceptability. There will also be a brief dis-
c