With offices in four New England states and the District of Columbia, and more than 30 attorneys focused on finance-related matters, our Banking and Financial Services team is well-positioned to represent lenders in all aspects of commercial lending and debt finance. We advise on the origination, administration, and restructuring of commercial lending facilities, including lines of credit, asset-based and construction facilities, equipment lines, term loans, and SBA loans.

Our attorneys regularly structure secured transactions involving a wide range of collateral, including receivables, inventory, equipment, real estate, fixtures, standing timber, chattel paper, intellectual property, farm products, securities, and other financial instruments. Our experience spans transactions ranging from small business loans of $500,000 and above to complex, multistate financings exceeding $100 million.

We also represent lenders in portfolio loans, syndicated transactions, and participations, and frequently serve as local and regional counsel in large, multistate financing matters. Members of our team are qualified SBA counsel, and our clients include commercial banks, financial services companies, private lenders, and lending syndicates.

Representative Experience

Pierce Atwood acted as lead lender’s counsel to Bank of New England in connection with a $30.9 million loan transaction for the construction a 107,000-square-foot cold storage facility at 40 West Commercial Street in Portland, Maine. We also provided construction and zoning advice.

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Bank of New England Loan Transaction for Cold Storage Facility

Pierce Atwood represented City National Bank as a participating lender in connection with a $762 million syndicated revolving loan facility to an auto dealer, including an additional $25 million senior secured note financing and a $25 million subordinated note financing. 

City National Bank Loan Facility to Auto Dealer

Represented KeyBank, N.A. in the restructuring of $23 million commercial financing for a large Rhode Island retail center.

KeyBank Restructuring of $23 Million Commercial Financing

Represented RBS Citizens, N.A., as agent and lead lender, in documentation and closing of term loans and lines of credit to a manufacturer with facilities in Maine, California and Tennessee, totaling $35 million.

RBS Citizens Loans & Credit Lines for Manufacturer