Proper training is key to success for today's lenders. A good training program can allow lenders to respond to market changes, to re-tool teams to tackle new tasks, and to stay ahead of the curve on financial reforms. Recent years have brought significant changes to secured lending. The economic downturn has increased lender focus on workouts and has shifted some enders to asset-based finance rather than cash-flow transactions. Change-management training protocols are different from ordinary professional training. Training help is available from many sources, including professional organizations and outside advisers such as law firms and consultants. Many secured lenders, either on their own or at the urging of their employers, are taking greater advantage of training from professional organizations such as the Commercial Finance Association. Several topics lend themselves especially well to training sessions in today's changing environment. One common program today is lender liability.