My practice focus is business and real estate transactions and finance. I regularly... more
My practice focus is business and real estate transactions and finance. I regularly advise and represent financial institutions, business owners, property owners and real estate investors, professional practices and individuals about such concerns. I represent small businesses and professionals in many different industries with a range of concerns, including start-ups, buying and selling a bus... view profile
When you buy something on credit, you borrow the money from a lender and put yourself in debt. The paperwork documenting this transaction is a debt/lending agreement. For example, simple debt / lending agreements are used to finance RV or boat purchases. More complicated debt / lending agreements for commercial business operations may include complex credit agreements, promissory notes, security and guarantee agreements, subordination or inter-creditor agreements, patent or trademark collateral security agreements, assignment and assumption agreements, hazardous substance indemnity agreements, mortgage agreements, and accounts receivable letters. When substantial amounts of money are involved, you'll want to use a business attorney with experience in negotiating and drafting debt and lending agreements.