This paper reviews due diligence in lending transactions. It discusses the purpose of due diligence and what should be reviewed. The paper identifies and provides detailed explanations of the types of due diligence searches that should be performed in a financing transaction, including corporate due diligence, personal property collateral, real property collateral, and other inquiries.

This paper is part of a collection presented at LESA’s Personal Property Security and Debt Recovery Essentials program in Edmonton on May 17, 2017 and in Calgary on May 24, 2017.