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

Event

Maine HR Convention: Workshop A: Out of Sight, Out of Mind-Legal Implications of Proximity Bias

Join Verrill's Tawny L. Alvarez at the 2023 Maine HR Convention where she will be presenting Workshop A:Out of Sight, Out of Mind-Legal Implications of Proximity Bias. Proximity bias can raise discrimination issues for...

Event

Maine HR Convention: Workshop C: What Every Plan Sponsor Needs to Know-Your Fiduciary Duties in 2023

Join Verrill's Christopher S. Lockman at the 2023 Maine HR Convention where he will be presenting Workshop C: What Every Plan Sponsor Needs to Know-Your Fiduciary Duties in 2023 . This workshop will review...

Matter

Elections and Constitutional Law: Successfully Challenged Certification of Initiative Petition

In a victory for consumers and the ride-hailing public, the Massachusetts Supreme Judicial Court recently barred the Secretary of State from placing on the November ballot initiative petitions proposed by companies such as Uber...

Blog

HR Power Hour with Sabine Gedeon

Publication/Podcast

Say What You Mean, Mean What You Say…Gorelick v. Star Markets: A Study in Indemnity

Indemnity clauses in contracts are a valuable tool for allocating risk among the contracting parties, most often risk attendant to personal injury and property damage, and their effect can be far-reaching. Despite their significance...

Blog

U.S. Environmental Protection Agency Proposes National Drinking Water Standard for Six PFAS Compounds

On March 14, 2023, the U.S. Environmental Protection Agency (“EPA”) announced a proposed National Primary Drinking Water Regulation (NPDWR) for six per- and polyfluoroalkyl substances (“PFAS”). PFAS are a category of manufactured chemicals that...

News

David Lazarus Quoted in Massachusetts Lawyers Weekly Article Regarding Cryptocurrency Whistleblowing.

News

Verrill's Norman Belanger and Betts Gorsky Featured in Mainebiz Article

Publication/Podcast

Whole Foods Win Shows Workplace Rules Can Shield Cos.

Verrill attorney Liz Johnston was recently published in Law360 for her article “Whole Foods Win Shows Workplace Rules Can Shield Cos.” In the article, Johnston discusses the recent decision in Kinzer v. Whole Foods...

Matter

Advised Fortune 500 Company on Group Health and Welfare Benefit Plans

We were engaged by a Fortune 500 manufacturing company to provide legal and compliance services regarding its group health and welfare benefit plans. During the course of our representation, we have advised the company...

Contact Verrill at (855) 307 0700