Commercial Loan Transactions & Private Lending Legal Services
Comprehensive Legal Representation for Commercial Loans and Private Lending
At Florek & Counsel, LLC, we provide expert legal services for businesses, lenders, and investors involved in commercial loan transactions and private lending. Whether you are securing financing for your business or offering a private loan to another party, our team is committed to ensuring your interests are protected and your transactions are legally sound.
Our Commercial Loan Transaction Services Include:
- Loan Agreement Drafting & Negotiation: We help you structure, negotiate, and draft loan agreements that reflect your business objectives while ensuring compliance with state and federal laws.
- Secured and Unsecured Loans: Whether you need a secured loan backed by collateral or an unsecured loan, we can help structure the agreement to meet your specific needs.
- Real Estate and Property Loans: We provide legal guidance on commercial real estate loans, helping both lenders and borrowers navigate the complexities of real estate transactions.
- Loan Restructuring & Modifications: If your business is facing financial difficulties, we offer loan restructuring and modification services to renegotiate the terms of your commercial loans and avoid default.
- Default & Foreclosure Prevention: In case of payment defaults, we work with lenders and borrowers to find solutions, such as debt settlements or loan workouts, to avoid foreclosure and protect assets.
Private Lending Legal Services
Private lending is an increasingly popular financing option for individuals and businesses alike. Whether you are a private lender or borrower, understanding the legal aspects of private lending transactions is essential to avoid disputes and ensure a smooth process. Our attorneys provide comprehensive legal services for private lending, ensuring that your lending or borrowing arrangements are secure, fair, and legally binding.
Our Private Lending Services Include:
- Loan Documentation & Agreement Drafting: We draft customized loan agreements that protect the interests of both lenders and borrowers, addressing key aspects such as interest rates, repayment schedules, collateral, and default provisions.
- Secured Loans & Collateral Agreements: For private loans secured by property or assets, we provide guidance on creating enforceable collateral agreements to protect the lender’s investment.
- Loan Workouts & Repayment Plans: In cases where the borrower is struggling to meet repayment terms, we work with both parties to create manageable repayment plans or loan workouts.
- Avoiding Usury Violations: We ensure that the terms of your private loan comply with applicable usury laws and regulations, preventing illegal interest rates or penalties.
- Membership Interest Pledge Agreements for UCC Foreclosure Relief: For lenders seeking non-judicial remedies in the event of a default, we provide legal services related to membership interest pledge agreements under the Uniform Commercial Code (UCC). These agreements allow lenders to pledge an individual’s or entity’s membership interests in a limited liability company (LLC) as collateral. In case of default, we help enforce the terms of these agreements to provide relief and recover outstanding debts through UCC foreclosure proceedings.
- Private Mortgage Lending: If you are considering acting as a private mortgage lender, we provide comprehensive legal support to ensure that the transaction is legally sound and protected under applicable laws.
Why Choose Florek & Counsel, LLC for Commercial Loan and Private Lending Legal Representation?
We bring years of experience in commercial loan transactions and private lending matters serving real estate investment firms, REITs, and capital partners. Our goal is to deliver pragmatic solutions that minimize risks, ensure compliance, and facilitate smooth transactions.
What Sets Us Apart:
Industry-Specific Expertise: Our attorneys have in-depth knowledge of commercial lending laws, private lending regulations, and financial industry best practices.
Tailored Legal Solutions: We take a personalized approach, carefully crafting loan agreements and strategies that align with your business goals and financial requirements.
Effective Negotiators: We are skilled negotiators, ensuring that you receive favorable terms whether you are the borrower or lender.
Risk Mitigation: Our team works diligently to identify and address potential legal risks before they become issues, safeguarding your interests throughout the lending process.