Accessing Commercial Loans
In business, access to commercial loans can fuel growth and help avert financial difficulties. At Jordan & Zito Attorneys at Law, our attorneys have nearly 70 years of combined experience, granting us a unique relationship with investment banking firms and a number of lenders, allowing us to provide our clients with solutions to their capital needs.
What Are The Most Common Types Of Commercial Loans?
Companies wanting to expand, corporations needing help overcoming temporary financial setbacks, bankruptcy debtors-in-possession looking for funding and borrowers seeking working capital may all require some type of commercial loan assistance.
Some of the most common commercial loans:
- Asset-based loan. This is typically a short-term business loan that is secured by a company’s assets, such as its accounts receivable, real estate, inventory or equipment.
- Bridge loan. When a business needs a temporary commercial loan while it works to get more permanent financing in place, a short-term bridge loan may offer a solution.
- Factoring loan. Although referred to as a loan, factoring involves the use of invoices or accounts receivable to raise capital.
Taken together, these financing options serve different purposes depending on a company’s assets, timing constraints and overall financial condition.
Investment Banking And Commercial Lending
Our team provides comprehensive finance solutions to a wide range of private and public companies. Our lawyers also have connections to a number of lenders, an advantage our clients appreciate. Let our firm help link your business with willing commercial lenders as part of your business solutions, workouts and debt restructuring.
Let Us Help You With Your Private Finance And Commercial Loan Needs
To find out how the Chicago-based boutique business law firm Jordan & Zito Attorneys at Law can help you find and secure the right commercial loans for your business, call our offices in Chicago at 312-489-8174 or contact us by email to arrange a consultation.