A business loan or revolving line of credit from a financial institution may be the viable alternative for growth companies when, for whatever reason, private investor seed money or follow-on venture funding is being offered on slanted terms or is simply not obtainable. As with any type of lending, the borrower must ensure that the terms of the arrangement are commercially reasonable, and that any security interest the lender obtains is commensurate with the extent of the funding extended.

These can be complicated matters. The bank is definitely employing the services of its legal counsel, and the borrower should do likewise from the outset. Even if the company or individual guarantor did not get this right on the front end, Richardson Sixth may be able to aid in the negotiation of renewal terms or, if the necessity arises, in the universal settlement of debts across the class of corporate creditors.

  • Commercial Loan Agreements
  • Financial Institution Lending and Line of Credit Agreements
  • Accord and Satisfaction Agreements
  • Forbearance and Modification Agreements
  • Subordination Agreements
  • Security Interest Agreements
  • Company Creditor Settlement Agreement Negotiation
  • Release of Lien Agreements
Secured Lending