Our Commercial Finance & Lending attorneys work closely with clients to negotiate and structure loans, and, when necessary, to navigate the loan workout process. Our work with both lenders and borrowers enables us to focus on issues that truly matter to both sides of a loan transaction, resulting in efficient negotiation and cost-effective representation.

We work not only with commercial banks, finance companies, insurance companies, and other lenders, but also with business borrowers in connection with commercial lending and financing of all types, including real estate loans, asset-based lending, and equipment lease financing.

Our team has extensive experience representing parties to loan syndications; acting for parties to corporate and commercial bank lending transactions to obtain working capital and capex loans, acquisition lines, revolving credit facilities, secured and unsecured lines of credit, mezzanine loans, and more; and serving as local counsel to lenders in large international and multistate loan transactions. We represent lenders or borrowers in connection with complex real estate financings (including not only borrowings for acquisition and construction capital for retail, office, and industrial projects, but also permanent financing such as “conduit” lending for securitized real estate investments). The group has extensive experience with the Department of Housing and Urban Development (HUD), Financial Authority of Maine (FAME), the Small Business Association (SBA), Farm Credit, Rural Development, and other government-supported loan programs.

Our attorneys have served as bond counsel or borrower's counsel in connection with numerous tax-exempt bond financings in New England and across the country.

Commercial lenders for whom Verrill acts regularly as lender's counsel include Bank of America, N.A., KeyBank, N.A., People's United Bank, N.A., and Bangor Savings Bank, to name just a few.

Firm Highlights

Publication/Podcast

Hospital Price Transparency Rule: Full Steam Ahead

Neither COVID-19 nor continued legal challenges appear likely to derail the Centers for Medicare & Medicaid Services ( CMS) Hospital Price Transparency Rule from going into effect on January 1, 2021. Hospitals therefore should...

Matter

Longroad Energy

Verrill represents Longroad Energy (“Longroad”) on its renewable energy work in Maine. Longroad is a Boston, MA-headquartered renewable energy company that develops and operates wind and solar energy projects throughout North America. Verrill has...

News

Getting the Band Back Together: How a Surety Team Can Hit the Right Notes

Construction Exec published an article, "Getting the Band Back Together: How a Surety Team Can Hit the Right Notes," in its November edition, covering the effect COVID-19 has on surety bond producers. Attorney Rob...

News

Verrill Remains a National Industry Leader for Gender Diversity

(November 11, 2020) – Verrill has once again been recognized as one of the top law firms in the country for female attorneys in Law360 's annual Glass Ceiling report. Named a “Ceiling Smasher,&rdquo...

Publication/Podcast

“If I've told you once, I've told you eight times…” HHS OIG Issues Another Audit Report on Hospitals’ Failure to Report Credits for Explanted Cardiac Devices and Lays the Groundwork Collection of Overpayments

Blog

December 31 Sunset of Safe Harbor Correction Method for Certain Elective Deferral Failures

A special IRS-approved correction method available for elective deferral failures in 401(k) and 403(b) plans with automatic contribution features will sunset on December 31, 2020, meaning it will not be available to correct elective...

Event

2021 Employment Law Annual Update

Blog

This Week's Show: Maine Election Results’ Impact on Business

On Saturday, November 21, Tawny interviewed Mike Saxl, Counsel at Verrill and Managing Principal of Maine Street Solutions, and Robert Reynolds, Government Relations Specialist of Maine Street Solutions, for this segment of HR Power...

Matter

Swift Current Energy

Verrill represents the 100-megawatt Three Rivers Solar Project in Hancock County, Maine. Verrill assists the project with real estate and environmental permitting work, including negotiation of a protocol to allow the project to proceed...

Event

Judicial Externship Seminar at Boston University Law School

During spring of 2021, attorney Anuj Khetarpal will be an adjunct professor at Boston University Law School and teaching a Judicial Externship Seminar for the semester.

Contact Verrill at (855) 307 0700