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What sort of support do you offer?
The main forms of support we offer are as follows:
(1) Appraisal of ABL collateral at the time of loan origination
(2) Monitoring of collateral through the period of the loan
(3) Salvage and storage of collateral in the event of default
(4) Purchase of collateral (In a case where U-MACHINE purchases the collateral, we will provide an estimate of purchase price at that time.)
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At the time of loan origination, is it possible to set in advance the price a future transfer and disposal of the ABL collateral in the event of default?
Yes, it is possible. The customer can sign a unilateral purchase option contract with U-MACHINE.
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What is a unilateral purchase option contract?
A unilateral purchase option contract sets a purchase option price for U-MACHINE in advance. U-MACHINE agrees to purchase the collateral at the option price if the customer so requests.