Commercial Loan Assessments

As many businesses are analyzing and adjusting strategy, operations & budgets amidst the COVID-19 virus, rapidly-changing regulations and new government relief packages, now is a good time to assess new and existing financing arrangements to keep businesses up and running. Make these 5 Assessments of your commercial loan: 1. Make note of key provisions that may...
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LIBOR Phase-Out SOFR Replacement Option

The Financial Conduct Authority's ("FCA") announced that LIBOR the London Interbank Offered Rate, which serves as a gauge for the cost to lend money and set interest rates, would be phased out by the end of 2021. With two years to go, there are countless questions the financial world has yet to resolve.

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