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Thomas Vega-Byrnes is a Chicago-based attorney with 20 years of experience in a variety of international business and development sector transactions. He has provided assistance to a range of clients around the world, including project sponsors, c...
Practice areas: Debt & Lending Agreements, Corporate & Incorporation, Construction & Development, Venture Capital, International Law
Review: “I have worked with Patrick for the past 4 years on many different engagements. Everything from collections cases, contract disputes, business contract review, real estate transactions and business acquisitions. Patrick ...
Practice areas: Debt & Lending Agreements, Banking, Business, Litigation
Review: “Worked on numerous transactions with Jennifer...very pleased and happy with her work in all aspects.”
Practice areas: Debt & Lending Agreements, Public Finance & Tax Exempt Finance
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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.