Very interesting study from the UK Intellectual Property Office and the British Business Bank about using IPR (at least in part) as collateral for business loans.
Very odd, however, is that there is NO mention of trade secrets at all. Which is quite surprising actually. While analyzing trade secrets usage as collateral is (understandably) more challenging that for registered IPR, not to even mention it seems like a major flaw in the study.
Regardless, the conclusion seems promising and there is a lot of data included in the annexes to review.