Banking and Finance Law
The Firm’s Banking and Finance practice group has an extensive practice representing lenders in commercial lending transactions, having successfully closed hundreds of financing transactions ranging in size from smaller business loans to large multi-bank transactions with loan amounts in the tens of millions of dollars.
We regularly represent lenders of all types including several large publicly traded financial institutions listed on national stock exchanges, as well as a number of community based lenders and credit unions. Our attorneys focus on the structuring and documentation of financial transactions from inception through closing.
We provide analysis of, and advice on, each transaction including the structure of the deal. Our attorneys are experienced in preparing commitment letters, and preparing and negotiating transaction documents, including promissory notes, loan agreements, guarantees, and mortgages. We perform the required due diligence and ensure perfection of security interests for all types of collateral.
We represent lenders in complex secured and unsecured financing transactions, including working capital, asset-based lending, revolving credit facilities, term loans, tax exempt and taxable leasing transactions and letters of credit, as well as advising on mortgage collateralized loans, including acquisition, construction and refinancing.
Additionally, we have experience in serving as lead counsel on multi-bank transactions including syndications, participations and mezzanine financings. The firm has a substantial practice in representing lenders in complex health care financings, involving both taxable and tax exempt financing, including bank qualified and non-bank qualified bond transactions.
Examples of recent lender representation include:
Two senior secured credit facilities in the aggregate of $15,975,000 relating to the borrower’s refinancing of two assisted living facilities;
Lead counsel for $32,500,000 multi-bank syndication for refinancing of four skilled nursing facilities;
An $18,200,000 non-bank qualified bond transaction related to borrower’s construction and equipping of a four story student housing project on a community college campus;
Counsel to national lender in connection with loans to borrowers for acquisition of dental practices; and
A multi-credit facility totaling in excess of $37,500,000 for the initial acquisition and subsequent expansion of a national safety products company.