What's It Worth? All You Need to Know about Inventory

Overview

"What's it Worth? All You Need to Know About Inventory" is a three-day program, which focuses on the role of inventory as collateral in secured transactions from a variety of viewpoints. This program is the only one of its kind in the country, and the only place to get an all-encompassing view of what it takes to properly structure an inventory loan.

Inventory monitoring doesn't seem too hard until you are left with a huge advance to recover and a warehouse to liquidate. How can you plan ahead to make sure that when the warehouse is empty, you have recovered it all? What are the questions you need to ask now to make sure you are made whole in a bankruptcy situation? How can you be sure the appraisal values are correct?

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Pricing

$745.00 for Members
$1,045.00 for Non-Members

What you will learn

  • Overview of what is considered inventory
  • Types, classes, categories, systems, costing methods and reserves
  • Relationships with appraisers and field examiners
  • The Borrowing Base in-depth
  • In-depth monitoring strategies
  • Liquidation strategies

Who should attend

Program level: Intermediate

Field examiners, general managers in the ABL industry, as well as underwriters, credit analysts, portfolio managers and workout managers.

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Curriculum

  • Recognize what constitutes collateral’s value.
  • Gain a solid understanding of inventory classes, categories, systems, costing methods and reserves.
  • Save crucial time and money by hiring the right appraiser and streamlining site visits.
  • Learn why appraisals are not all created equal and discuss best practices for coordinating appraisal, field exam and bank teams.
  • See how these concepts apply to the real world.
  • Examine a manufacturer, a retailer and a distributor and see how various classes, categories and reserves are structured and monitored in an actual borrowing base.
  • Understand how to read an appraisal and align updates with the borrowing base.
  • Discuss how collateral shifts affect value and learn how to adjust advance rates as collateral deteriorates.
  • Reduce risk by staying ahead of key indicators of change in the borrowing base.
  • Get a checklist of the top 10 points that should be monitored and find out which red flags to watch for.
  • Maximize recovery in the event of default by understanding real-world exit strategies.
  • Discuss various liquidation options and gain advice on how to proactively plan for a worst-case scenario.