Commercial Finance and Lending | McGlinchey Stafford PLLC

Working as national, regional, and local counsel, McGlinchey attorneys handle complex and traditional commercial finance transactions.

Credit Facilities. We negotiate and document loans in both syndicated and single financial institution transactions with both multiple and single entity borrowers in connection with multistate credit facilities. Our experience includes all types of credit facilities, including the following:

Asset-based facilities
Cash-flow facilities
Distressed facilities
Import facilities
Letter of credit
Leveraged buy-out facilities
Mezzanine facilities
Project finance facilities
Revolving credit facilities
Securitizations
Syndicated facilities
Synthetic lease facilities
Term loan facilities

Secured Transactions. We also have experience in complex credit facilities secured by all types of collateral, including:

Aircraft
Chattel paper (both sales and leases and both tangible and electronic)
Documents of title/bills of lading (both tangible and electronic)
Fixed assets, including equipment and real estate
Goods covered by certificates of title
Interests in titling trusts
Maritime vessels, both domestic and foreign
Receivables and inventory, both domestic and foreign

Economic Sectors. McGlinchey also has experience in lending in all economic sectors, including the following:

Chemical
Commercial real estate (including office and residential/apartments)
Construction
Consumer finance (including floor planning and lending to consumer finance companies)
Export/import
Health care
Hospitality (including hotels, restaurants, and casinos)
Industrial
Manufacturing
Maritime
Motor vehicle
Oil and gas
Retail
Wholesale

An integrated team with extensive knowledge of the regulatory compliance regimes for both insurance and consumer financial services enabled Mercedes Benz to develop and roll out insurance and other consumer-facing financial products
Where we started: McGlinchey’s Transportation and Logistics team was advising Mercedes Benz Financial Services (MBFS) on commercial finance matters when MBFS began to consider potential new product offerings – notably insurance and ancillary product offerings such as service contracts, guaranteed asset protection waivers, and inventory insurance and liability coverage packages for service loaners. Knowing ofMore
Served as local counsel to Saban Real Estate in connection with its acquisition of numerous apartment complexes located throughout the U.S.
Marshall Grodner and Mike Rubin served as local Louisiana counsel to Saban Real Estate in connection with its acquisition of numerous apartment complexes located throughout the United States. Four of the properties were located in Baton Rouge. The total acquisition costs for the Baton Rouge properties were close to $100 million. Sam Bacot and RudyMore
McGlinchey Real Estate Team Plays Instrumental Role in Tailwind’s Successful Acquisition of LSU Student Housing Complex
McGlinchey attorney Marshall Grodner, a member in the firm's Baton Rouge office, recently played a pivotal role in orchestrating a highly successful commercial real estate transaction for firm client, Tailwind.

McGlinchey’s Marc Lifset Inducted into the RV/MH Hall of Fame
McGlinchey Stafford is pleased to announce that Member Marc Lifset (Albany) is one of ten honorees inducted to the Recreational Vehicle (RV)/Manufactured Housing (MH) Hall of Fame class of 2023. A reception will be held on Monday, August 21, 2023, at the RV/MH Hall of Fame in Elkhart, Indiana, to honor this year’s inductees.
Navigating UCC Issues in Real Estate Finance Opinions: The ABA/ACMA/ACREL/ACCFL Opinion Report
Marshall Grodner (Baton Rouge) will participate in a Strafford CLE panel webinar on Tuesday, August 29, 2023, for real estate practitioners offering guidance on giving and reviewing opinion letters relating to Uniform Commercial Code matters.
65 McGlinchey Attorneys Recognized in 2024 Best Lawyers, Ones to Watch
McGlinchey Stafford is proud to announce that 65 of its attorneys have been recognized in the 2024 edition of The Best Lawyers in America® and Best Lawyers: Ones to Watch in America. These attorneys represent 12 of the firm’s 17 offices throughout nine states and Washington D.C. The recognized attorneys practice in 39 distinct areas of law. Seventeen attorneys are being recognized for the first time.
FedNow®: A Payment Rail is Born
The Federal Reserve launched its new real-time payments service, FedNow®, on July 20, 2023. This new instant payment rail settles consumer and business transactions through financial institutions’ Federal Reserve accounts. One stated goal of FedNow® since its earliest planning stages is to make instant payments ubiquitous—accessible to everyone, everywhere in the United States. The FederalMore
Rescheduling Marijuana: Understanding the Legal Impacts
Marijuana is currently listed as a Schedule I substance in the Controlled Substances Act (CSA); this scheduling means the federal government concluded marijuana has no currently accepted medical use in any setting. In a prior post, we analyzed how the Department of Health and Human Services (HHS), along with the Department of Justice, can opt for descheduling or rescheduling marijuana under the CSA.