Commercial Finance
Stites & Harbison possesses extensive experience in commercial lending transactions having represented major commercial and regional banks, credit unions, insurance companies, placement agents and trust companies – as well as borrowers, developers, and lessees, in a wide range of commercial financing transactions throughout the United States.
Our attorneys routinely handle the most sophisticated and complex structured financing transactions including syndicated credit facilities, synthetic lease transactions, securitizations, tax-exempt bond financing, tax increment financing, and tax credit financing. Additionally, we assist our small business and start-up clients in closing SBA 7(a) and 504 agency-guaranteed loans; and structuring, negotiating, documenting and recovering commercial, real estate, and consumer loans.
Our experience also includes:
- Leveraged equipment financing
- Vendor financing programs
- Project financing
- Conduit lending
- Mortgage warehouse lending
- Leveraged acquisition lending
- Leveraged employee stock ownership plan loans
Stites & Harbison attorneys manage a variety of asset-based loan transactions with collateral ranging from traditional accounts receivable and inventory to more specialized property such as equine bloodstock, hospital and nursing home assets, music portfolios, mobile kitchens, fleets of mobile offices, aircraft, barges, rolling stock, securities and investment property, agricultural installations, telecommunications networks, and various types of capital manufacturing equipment.
With every transaction, we strive to minimize client risk while providing appropriate solutions that address our clients’ legal and business needs.
Bluegrass Area Chapter of American Red Cross Elects Brady W. Dunnigan to Board
LEXINGTON, Ky.—The Bluegrass Area Chapter of the American Red Cross has elected Stites & Harbison, PLLC attorney Brady W. Dunnigan to its Board of Directors. He will serve an initial two-year term.
LIBOR Transition: Navigating the World of Synthetic LIBOR
Mary Lu Noah takes a look at the changes in the financial world after the demise of the London Interbank Offered Rate (LIBOR) in this Stites & Harbison Client Alert.
Stites & Harbison Promotes Seven Attorneys
LOUISVILLE, Ky.—Stites & Harbison, PLLC announced today that seven attorneys have been promoted: five to Member (Partner) and two to Counsel. The promotions are effective January 2023.