sentences:  To secure repayment, the bank imposes covenants on a borrower on such levels and ratios as enterprise value, EBITDA, total interest coverage ratio, total debt/EBITDA, and so on.They will also take a charge over the assets of the business to provide the lender with the ability to take control of the cash flows in the event of default.In contrast, an asset-based loan is lent against company's assets.