Commercial Loan Document Review

Before signing a commercial loan agreement or agreeing to an LOI, be sure to review and negotiate the terms with particularity. Loan documents are prepared by the Lender’s attorney. Thus, many terms may benefit the Lender, but limit protections for Borrower. Below are just some of the most consequential terms that you should read and…

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COVID-19 EPIDEMIC, Frequently Asked Questions

Question: Does insurance cover my losses? Potentially. Many policies have a pathogenic or virus exclusion that prevents coverage of COVID-19 losses. Potentially. Many policies have a pathogenic or virus exclusion that prevents coverage of COVID-19 losses. Question: What if I can’t meet my outstanding obligations? Contact your creditor before payment is due. Many banks, lenders,…

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