With offices in four New England states and the District of Columbia, and more than 30 lawyers practicing in finance related areas, our Banking and Financial Services team is uniquely situated and equipped to represent lenders in the origination and administration of commercial lending facilities and other debt financing (including lines of credit, asset-based facilities, construction loans, equipment lines, term loans, and SBA loans), and in structuring secured transactions involving all types of assets, including receivables, inventory, equipment, real estate, fixtures, standing timber, chattel paper, intellectual property, farm products, securities and other instruments. Our work ranges from small business loans of $500,000 or more to multistate financings in excess of $100 million. In addition, we handle portfolio loans, syndicated transactions and participations, and regularly act as local and regional counsel to lenders in large multi-state financing transactions. Members of our team are qualified SBA counsel, and our clients include commercial banks, financial service 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.
MorePierce 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.
Represented KeyBank, N.A. in the restructuring of $23 million commercial financing for a large Rhode Island retail center.
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.