This course explains Collateral Assessment – Tractor & Equipment and how lenders evaluate the value, condition, and adequacy of tractors and farm equipment offered as primary security. It covers key elements such as eligible collateral types, valuation approaches, revaluation frequency, security creation mechanisms, and coverage ratio requirements. The course also highlights how collateral assessment supports credit decision-making by ensuring proper loan structuring, enforceability of security, and adequate protection for the lender.