Webinars - Live

Advanced Commercial Loan Documentation

May 6 | 3:00 pm - 4:30 pm ET
Level: N/A
Category:
Webinars - Live
Cost: $200.00
Contact: Susan Erlandson at serlandson@mainecul.org

Risky business? Commercial loans can be perilous if there is uncertainty regarding who owns, guarantees, and is authorized or required to sign which documents. These technicalities also draw examiner scrutiny. Is your shop in good shape?

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Identify parties to the loan and know who needs to sign what
  • Understand loan agreement covenants and when to consider more than the boilerplate covenants
  • Perfect a security interest and differentiate between different types of collateral (marketable securities, deposit accounts, life insurance policies, equipment and inventory, contracts or receivables, leases, etc.)
  • Review title insurance policies and be aware of certain endorsements and exceptions
  • Explain subordination agreements, including when to get them, what is actually being subordinated, and when to ask for subordination of loans to shareholders
  • Document commercial construction loans
  • Understand compliance requirements and commercial lending hot spots

For more information or to register CLICK HERE