The world of financing is multi-tiered and multi-faceted with major national banks, regional banks, community banks, senior and subordinate facility lenders and non-bank lenders populating the lending industry.
Pullman & Comley has extensive experience in all areas of commercial lending including asset-based lending and commercial finance, equipment lease financing and lending to specific areas such as health care, automobile dealers, factoring and real estate development, and preparing the necessary documentation to secure such credit facilities.
We represent a number of major Connecticut banks as lender’s counsel in the negotiation, structuring and documentation of financing transactions as well as governmental agencies, primarily in Connecticut. We also regularly represent business entities as borrowers’ counsel, utilizing our experience in assisting our clients in obtaining the most favorable credit facilities available, whether they be for acquisitions, expansions or general working capital needs. Pullman has represented borrowers in structuring senior and subdebt multi-facility transactions. In addition, we represent lenders and borrowers in SBA led or backed financings under various SBA programs and have counsel that has been certified by the National Association of Development Companies (NADCO) to represent third-party lenders and certified development companies (CDC’s) in connection with loans by the SBA under the 504 program.
We represent several major automobile dealers and in conjunction with that are experienced in negotiating and documenting floor plans and related financing for that particular industry.
Our attorneys also have extensive experience in representing our lender clients in loan work-out and restructuring transactions as well as in bankruptcy proceedings. Likewise, this experience extends to our participation with our Bankruptcy practice in the representation of debtors.
News & Insights
- Practical Guidance®, 04.2021
- CFO.com, 11.05.2020
- Connecticut CARES Small Business Grant Program Created to Help Small Businesses and Non-Profits Recover from Challenges of COVID-19 Pandemic10.29.2020
Our Real Estate and Government Finance attorneys represented the University of Connecticut in connection with the relocation of its West Hartford University library facilities and operations to the main branch of the Hartford Library.
Attorneys from our Government Finance and Real Estate practice were instrumental in the transformation of a blighted industrial property in Bridgeport into multifamily housing and a new charter school.
Our Real Estate and Business Finance attorneys closed various loan financing facilities of more than $8.7 million for housing for educational professionals in downtown Hartford.
Members of Pullman & Comley's Commercial Finance practice successfully represented People's United Bank, N.A. in connection with several credit facilities to a regional supplier and delivery company of petroleum products.
Pullman & Comley attorneys have been closely monitoring the legal implications for businesses, municipalities, educational institutions and other organizations of the COVID-19 (coronavirus) pandemic, and have been responding to a broad range of client questions. For your reference, we have summarized recent publications and blog posts authored by our attorneys here: FOCUS: Responding to COVID-19.