Sound Counsel in Commercial Lending and Secured Financing
The commercial law attorneys of Terra Law represent banks, private lenders, lessors, borrowers and small business owners on the full range of legal issues involving secured lending, leasing and competing claims to collateral. Our client service covers all stages of a commercial loan, from initial negotiation and closing to workouts, enforcement, bankruptcy claims or civil litigation. Contact us in San Jose or Monterey to learn how our experience can benefit you.
Comprehensive Client Service in Commercial Lending Transactions
Our attorneys work closely with each client to make sure that their loan agreement and supporting documentation reflects their needs for value, security, flexibility and enforceability. If you're the lender, we can review a proposed or current collateral position to make sure of your priority and your practical ability to reach the assets securing your claim. If you're the borrower in a declining market, we can help you find ways to keep your credit facility in place without undue personal risk or liability.
We're familiar with the differing needs of borrowers and lenders in commercial loan situations such as:
- Asset-based loans or inventory financing
- Equipment
- Unsecured lines of credit with convertible debt-to-equity terms
- Construction loans
- Real property development loans
- Bridge loans
- Financing for the purchase of a business as a going concern
- Lender liability issues
- Personal guarantees
- Collections, collateral liquidation, mortgage foreclosure and prejudgment enforcement
- Troubled loan workouts involving the substitution of collateral, extension of terms, mortgage defeasance agreements or other alternatives to bankruptcy
Our experience with both bankruptcy and civil litigation means that we are able to anticipate enforcement problems in either bankruptcy court or civil court from the very beginning of the loan transaction. We are also prepared to assert your interests and enforce your rights if litigation is necessary.
To learn how our experience with commercial law can benefit you, contact attorneys Martin Dioli, David Draper, or Breck Milde.
