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

How to Start Your Business and Get Women-Owned and/or Minority-Owned Certified
Member Kristi Richard (Baton Rouge) and Norisha Kirts Glover, Founder, and Owner, of NRK Construction, LLC, will present at the Junior League of Baton Rouge's Fourth Annual Women's Leadership on "How to Start Your Business and Get Women-Owned and/or Minority-Owned Certified".
If You’re a Good Legal Writer, You Don’t Write Good: Better Contract Writing for Transactional Lawyers
Member Mike Rubin (Baton Rouge) will present an American Bar Association webinar, "If You're a Good Legal Writer, You Don't Write Good: Better Contract Writing for Transactional Lawyers," on February 22, 2023.
Unpacking the Future: What You and Your Clients Need to Know About Transacting in Digital Assets and Electronic Commerce
Member Marshall Grodner (Baton Rouge) will present a myLawCLE webinar on "Unpacking the Future: What You and Your Clients Need to Know About Transacting in Digital Assets and Electronic Commerce" on February 16, 2023.
Regulatory Trends to Watch Out for in Consumer Finance
Member James Sandy and Of Counsel Katherine Romano Schnack will discuss "Regulatory Trends to Watch Out for in Consumer Finance" in a Knowledge Webcasts webinar on January 26, 2023. Key discussion topics include the latest trends and developments in consumer finance, enforcement against “junk fees” and “dark patterns,” CFPB expansion over digital assets and privacy, and what lies ahead in 2023.
Title Searches for Commercial Leases: Know Before You Sign
Often we hear of companies dismissing the need for a title search prior to entering into a commercial lease of real property. While there may be different reasons, beyond simply the cost, why a prospective tenant may choose to forego a title search; however, no matter what the reason, not undertaking a title search comes with serious risks, even when the transaction is a lease rather than a purchase.