Briggs and Morgan provides a full range of services in the documentation, negotiation and structuring of asset-based lending transactions. Our attorneys are highly skilled and experienced with representing banks, commercial finance companies, insurance companies, leasing companies, and other institutional lenders in the origination of asset-based loans.
As more commercial banks and commercial finance companies compete to extend credit on an asset-based basis, our attorneys have seen asset-based transactions increase in size and complexity. Briggs and Morgan represents clients in all aspects of asset-based lending and has a wealth of experience in structuring transactions, creating security interests, working out and restructuring problem credits, and in enforcing creditors' rights.
Our attorneys are business savvy and knowledgeable about regulatory matters, including Article 9 of the Uniform Commercial Code (UCC) and regularly guide clients through its procedures. Collateral security matters and cash management arrangements are also among legal advice offerings. In dealing with legal aspects of asset-based transactions, we consider business outcomes for clients.
At Briggs and Morgan, clients rest assured that our team understands the nature of asset-based lending and how we can leverage client assets for desired cash flow capital. We work with all types of industries, lending against less common assets such as the value of intellectual property.