Swift Legal Small Business Lending Counsel

SBA Lender's Counsel

For a small business, the SBA loan can be the most important transaction it will enter into.

We treat every closing that way, helping lenders avoid pit falls by knowing what to look for. We have the knowledge and experience that comes from having closed hundreds of government guaranteed loans.

Because small business lending is intricate, it can be unpredictable. We conduct extensive due diligence, looking deep into the collateral, the type of business and the individual borrower’s background, closely examining all contracts, license requirements and third party agreements to help guide the transaction, with the bank’s interests protected.

How We Work

No matter the business type or the use of proceeds, we get into the details of the transaction, perfecting liens on countless different types of property, expertly drafting loan documents and delving into the required permits, landlord tenant matters, franchise, construction and tenant build out considerations and all other legal issues that arise in connection with collateralized government guaranteed lending.

Business acquisitions are complex transactions with a multitude of considerations. To close one within the framework of an SBA loan takes a skilled and polished touch. We work closely with the settlement agent to make sure the transaction properly documents the property transfer, any seller restrictions, such as non compete, and the borrower’s continuing obligations about the business operations.

Examples of Our Closed Transactions

  • Telecommunications center secured by liens over business receipts

  • Overnight delivery center route operations

  • Private school

  • Laundromat and Dry Cleaning

  • General contractors and subcontractors such as Interior fire prevention sprinkler system, mold remediators, countertops and plumbing

  • Motor and power sports retailers

  • Variety of Hotels and Motels, ranging from highway franchise lodging to boutique inns.

  • Coin operated car wash

  • Day care and assisted living facility closings, including EPC/OC and seller leaseback scenarios

  • Franchise restaurant startup

  • Gas station franchises

  • Multiple medical and personal health establishments, including plastic surgery centers, veterinarians, dentists, chiropractor, physical therapy, twenty four hour fitness, nail and lash salons and haircut chains

  • Perlite mining facility secured by federal mining rights

  • Welding and fabrication

  • Waste removal and recycling facilities

  • Music lessons, auto repair and auto body, bookkeeping, limousine

  • Private reform ranch

  • Funeral parlor

  • Industrial custodial contractor with assignment of federal contracts

  • Power washing and landscaping, including transaction involving lien work on over 50 titled motor vehicles and trailers

  • Airport terminal restaurant with airport authority lease

  • RV Park

USDA Lender's Counsel

Many SBA lenders offer USDA as a subset of their government guaranteed portfolio.

If you are looking for experienced counsel to assist you in making a USDA guaranteed loan, we know the ins and outs of all forms of USDA backed loans. We expertly document the loan in conformity with the USDA Conditional Commitment and all local Rural Development requirements.