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Borrowing Base Certificate Company Name: A: Total Accounts Receivable Date: Less Accounts Over 90 Days Total A/R Total A/R x (1) Eligible A/R B: Total Inventory Total Inventory x (2) Eligible Inventory.

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For example, your lender might count the $50,000 you are owed as $30,000 in collateral, and let you borrow up to $80,000. In that case, your borrowing base calculation would be $50,000 (your cash in the bank) plus $30,000 (the “eligible” collateral amount, as deemed by the lender, of the money you are owed).

Borrowing base certificates are official documents showing the lender's calculation to establish how much money it can lend. Available funds, inventory, and accounts receivable are among the things listed on this certificate.

Borrowing Base Eligible means that Borrower's cash maintained at Bank is equal to or greater than the Minimum Cash Threshold; provided, however, that if an Event of Default has occurred and is continuing then Bank may, in its sole discretion, cause Borrower to no longer be Borrowing Base Eligible.

A borrowing base is the total sum of money that a creditor is willing to loan to a company. You determine the total sum by the value of the collateral that the company puts forward. A method known as “margining” determines the borrowing base, or the credit limit.

The borrowing base is the total amount of collateral against which a lender will lend funds to a business. It presents a maximum cap on how much asset-based debt a business can obtain.

Borrowing base facilities are working capital credit facilities which are secured in full by current assets (usually trading receivables, inventory (ie goods in storage or in transit), cash and contractual rights) of the borrower and/or other security providers.

For example, your lender might count the $50,000 you are owed as $30,000 in collateral, and let you borrow up to $80,000. In that case, your borrowing base calculation would be $50,000 (your cash in the bank) plus $30,000 (the “eligible” collateral amount, as deemed by the lender, of the money you are owed).

A borrowing base is the amount of money that a lender is willing to loan a company, based on the value of the collateral the company pledges.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232