Business, banking and finance attorney admitted to practice in the Commonwealth of Massachusetts and the United States District Court for the District of Massachusetts.*****The content on this profile may be considered attorney advertising under...
Practice areas & skills: Debt & Lending Agreements, Corporate & Incorporation, Mergers & Acquisitions, Banking, Business
Get the legal help you need at a fixed price. No hidden fees or long-term commitment.
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.