The third "c" in the proverbial "Five C's of Credit" stands for collateral. In a credit underwriting analysis, however, collateral is the least desirable means for projecting loan repayment. 

    The importance of collateral becomes apparent in the context of a borrower's financial distress and is usually the most (and sometimes only) effective means for repayment. Depending upon the circumstances facing a particular credit, the most sensible resolution may be a pledge of new collateral or a swapping out of existing security interests. Not only do these options shore up the lender's credit exposure, but they may afford the debtor with business-saving liquidity. 

    We are experienced in the strategic aspects of negotiating for supplemental collateral and in the mechanical requisites for achieving properly perfected liens with the least risk of subsequent avoidance litigation.