Topic

Commercial Lending

Categories covered in this topic:
Loan Documentation
Loan Features
Loan Transaction Process
Practice Area Intros

Courses

  1. still frame from Loan Classifications Preview

    Types and Features of Commercial Loans

    An introduction to the main types and features of loans, such as term loans and revolvers, bilateral and syndicated loans, secured and unsecured loans, and loan priority. Examples of these types of loans, such as asset-based loans, unitranche loans, and mezzanine debt are also covered.

  2. still frame from Secured Loans and Security Interests Preview

    Security Interests and Perfection

    A look at security interests, including different types of collateral, how security interests are created through attachment, the perfection process, and lien priority. This course also includes an introduction to Article 9 of the UCC.

  3. still frame from Covenants Preview

    Covenants and Events of Default

    A review of covenants and events of default, including affirmative and negative covenants, a detailed look at financial covenants, and the interplay between covenants and events of default. This course also looks at the concepts of “covenant lite” and “springing covenants” as well as the difference between a Default and an Event of Default.

  4. still frame from Floating Rates: Benchmark Rates Preview

    Interest in Lending

    A discussion of interest in the lending context, including fixed and floating interest rates, how interest is calculated, and interest rate swaps. And a look at LIBOR and how LIBOR is being eliminated as an index for floating rate loans.

  5. still frame from Main Parties Preview

    Syndicated Loans

    An overview of syndicated loans, including why they’re used, who the main parties are, and the main categories of syndicated loans. The pre-commitment period, including important provisions in commitment letters, the syndication process, and the documentation, closing, and administration of a syndicated loan are also covered.

  6. still frame from Overview of a Credit Agreement Preview

    Credit Agreements

    The credit agreement is the main agreement in a commercial lending transaction. This course covers the contents of a credit agreement, including a walkthrough of a typical credit agreement.

  7. still frame from Choosing Debt Preview

    Commercial Lending Practice

    This course looks at commercial lending practice at a large law firm, including what commercial lending is, who the main players are, and the differences between borrower and lender representations. It also covers how deals are staffed and the roles of finance partners, associates, support staff, and the clients.

  8. still frame from Introduction to Guaranties Preview

    Guaranties

    A discussion of guaranties, including the key provisions in a guaranty agreement and the different types of guaranties that can be given, such as payment vs. performance guaranties and down-stream vs. upstream guaranties.