Training Guide

Overview of a Loan Transaction


Training Guide

Overview of a Loan Transaction

Commercial Lending
Remote or in person

What’s Covered

  • Lenders’ financial and legal due diligence
  • Road shows
  • Kick off calls 
  • Loan documentation 
  • Post-closing obligations and changes

Before the Session

Prepare the Attendees

Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.

Prepare Yourself

Watch the videos and read the exercise so you’re familiar with the Hotshot material.

During the Session

Part 1: Knowledge Check
Ask attendees these questions to ensure they understand the topic:
  • What’s the typical overall process that a loan transaction follows?
  • What are the main preliminary documents the borrower and lender negotiate?
  • What are some of the main ways that a syndicated loan transaction differs from a typical loan transaction?   
  • Who usually drafts the closing checklist, and how do the parties use the closing checklist as they work toward the closing?
  • Do the borrower’s obligations under the credit agreement typically end after the closing date of the loan? 
Part 2: Group Exercise

Lead a group discussion based on the exercise. To encourage collaboration, divide the attendees into groups to discuss the exercise, then have a representative from each group summarize their views to the larger group. Call on people to share their thoughts and ask others to respond.
Tip for remote sessions: use your web conferencing system’s breakout room feature to divide people into groups.
Part 3: War Stories and Firm Specifics
Share your own experiences and guidance, including:
  • Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
  • General practice tips (dos and don’ts)
  • Firm-specific guidance and practices

After the Session

To continue their learning, attendees can check out related courses in Hotshot’s Commercial Lending topic.

About Hotshot

Hotshot helps lawyers develop their legal, business, and technology skills through short videos, quizzes, and summaries, and we help law firms and law schools plan and deliver engaging training programs. Our customers include Am Law 200 firms, top law schools, and regional and international firms.

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