A commercial loan is a debt-based funding arrangement between a business and a financial institution, typically used to fund major capital expenditures and or cover operational costs that the company may otherwise be unable to afford.
Expensive upfront costs and regulatory hurdles often prevent small businesses from having direct access to debt and equity markets for financing. Similar to consumer credit, smaller businesses must rely on other lending products, such as a line of credit, unsecured loans or term loans.
State Bar of Michigan
Cynthia Brody served for over fifteen years as Senior Counsel at a national bank. She has represented clients in a variety of practice areas with an emphasis on commercial lending and real estate transactions. Cynthia’s reputation and talents demonstrate that she is the “go to” attorney for a broad range of commercial lending transactions on the lending side, including loan negotiations, risk assessment, due diligence, security interests, mortgages, collateral, and comprehensive loan documentation of multiple loan products. Her range of experience also crosses over to loan workouts wherein Cynthia has experience and talents in loan document review, identification of legal implications in existing documents, correction of title and priority problems, and coordination with litigators. Her comprehensive background with in-house colleagues has also established her exceptional talents in providing support on policy and practices, coordination with private bankers and their clients, as well as direct interaction with executive leadership team of financial institutions.