Commercial Finance Law
Commercial finance law covers the wide variety of finance options that exist for commercial endeavors, whether financing is secured through a banking institution or through private lending from an individual or corporation.
When Banks Use Lawyers
Banking institutions routinely employ attorneys for a wide variety of corporate finance matters, including the creation of commercial loan contracts, formation of business entities during mergers and acquisitions, the formation of subsidiaries, SBA-guaranteed loans and HUD-insured loans, and for bank representation during foreclosures, workouts and bankruptcy matters.
Commercial Finance Matters
A law firm which specializes in banking, lending and commercial finance law will be able to assist with:
- Revolving Credit Facilities
- Term Loan Facilities
- Acquisition Financing (Lender or Seller Financed)
- Asset Based Loan Facilities
- Letters of Credit
- Sale and Leaseback Transactions
- Private Finance
- Real Estate Based Lending Facilities.
When a small, medium or large business accepts financing in the form of a loan from an individual or corporation, a Promissory Note is used to outline the terms of the agreement, including the payment schedule.
But when an individual offers financing in exchange for a piece of the pie - that is, a percentage of profits - that person may be considered a partner, and may also sign a Partnership Agreement that governs the roles, expectations, and ownership details of all parties involved.
Schedule an Appointment with our Firm
For help with banking, commercial finance, or private lending matters, click below to schedule a meeting. We keep all info strictly confidential, and we answer all inquiries in a timely manner.