Commercial Lending

Commercial Finance

Overview

The Commercial Finance practice group routinely handles the negotiation, structuring and documentation of commercial loan transactions to large business concerns. These loans typically range in size from $10 million to in excess of $1 billion, are often multi-lender syndicated credit facilities and are usually secured by some or all of the assets of the borrowing concern. Typically, the loans are documented as revolving credit, term loan and letter of credit facilities, the proceeds of which are used for working capital or asset acquisitions or as part of a leveraged buyout transaction. In many instances, loans are made in multiple currencies to foreign affiliates of U.S. borrowing concerns. Clients of the Commercial Finance practice group consist of regional, national and international financial institutions, including banks, insurance companies and other commercial lending entities. The Commercial Finance practice group also is active in specialized areas of financing, such as aircraft finance, construction lending, factoring, trade finance, and leasing transactions. Representative financial institution clients include AloStar Bank of Commerce, Atlantic Capital Bank, Bank of America, Branch Banking & Trust Company, Caterpillar Financial, GE Capital, HSBC, JPMorgan Chase, Marquette Business Credit, Presidential Financial Corporation, RBS Capital, Regions Bank, SunTrust Bank, Synovus Bank, UPS Capital Corporation, U.S. Bank National Association, and Wells Fargo Bank.



Services

Asset Based Lending

A primary focus of the Commercial Finance practice group is representing lenders in structuring, documenting, negotiating and closing credit facilities secured by borrowers' assets. Our asset based lending practice runs the gamut of revolving and term and first- and second-lien transactions secured by all types of collateral, including accounts, inventory, equipment, real estate and intellectual property. The team also acts as counsel for borrowers and as local counsel for multi-jurisdiction secured lending transactions.
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Syndicated Lending

The Commercial Finance practice group regularly negotiates, documents and closes large multi-lender syndicated loan transactions to borrowing concerns, both on a national and international basis. The team has significant expertise, and team depth, in syndication issues that confront agent banks.
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Health Industry Finance

With the benefit of the regulatory expertise of the Health Industry practice group members, the Commercial Finance practice group is able to provide effective assistance to its clients in underwriting, monitoring, negotiating and documenting loan transactions to a variety of health industry providers including for-profit and not-for-profit hospitals and health systems, nursing homes, physician groups, physician practice management companies, home health care providers, HMOs, ambulatory surgery centers, diagnostic imaging providers, institutional and wholesale pharmacies and manufacturers and distributors of durable medical equipment.
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Equipment Leasing

One facet of the Commercial Finance practice group's work is representing parties to equipment lease financings over a wide range of industries.
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Factoring

The Commercial Finance practice group has prepared forms that are used by a number of financial institutions in collection factoring, maturity factoring and recourse factoring transactions and is frequently called upon to assist in the documentation of more complex factoring arrangements.
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Real Estate Finance

The Commercial Finance practice group often handles loans primarily secured by real estate, including real estate term loans, acquisition loans and construction loans.
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DIP and Exit Financing

In tandem with the Bankruptcy practice group, the Commercial Finance practice group is frequently called upon to assist in preparing both "offensive" and "defensive" debtor-in-possession financing facilities for borrowers in Chapter 11 cases.
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Acquisition Financing

In conjunction with the Bankruptcy Team, the Commercial Finance practice group is able to take that experience one step further by providing guidance to lending clients in acquisitions of assets or businesses in bankruptcy or in other insolvency proceedings.
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