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Banking & Finance

If you’re looking for both creative and technologically sophisticated solutions to the challenges of the financial and banking industry that has been consolidating its players and expanding markets, we can help. We can assist with the legal aspects of many critical areas of your business including:

Borrower Representation

  • Construction Loans – If you’re looking for an often short-term, interim loan for financing the cost of residential or commercial construction, rather than outlaying the entire principal amount of the loan at once, your lender can disburse the funds to you in accordance with a construction schedule as your project progresses. We can provide you thorough assistance to ensure that your construction project financing moves forward on the anticipated schedule.
  • Purchase Money Financing – This is when the seller of equipment (e.g. machine, device, or vehicle) provides the financing for the acquisition of the equipment to the purchaser and agrees to take back a lien on the equipment as collateral security for the financing. We can assist you in making certain that new equipment is financed expeditiously to avoid any interruption to your ongoing business operations and ensure your business’ continuity.
  • Asset-Based Loans – This is a commercial loan secured by your company’s ‘personality’ as well as its real property assets. In addition to the lender receiving a real property mortgage on real estate as collateral for the loan, the lender may also collateralize the loan by a lien on accounts receivable (A/R), inventory, and equipment. Often the amount of the loan is directly related to the value of the assets, as measured over a period of time, e.g. annually. We can demystify the complexities of asset based financing, and ensure that all borrowing requirements are clearly stated and understood.
  • Equipment Leases – By obtaining the use of machinery, vehicles, or other equipment on a rental basis versus purchase, you avoid the need to invest significant capital for a purchase. This prevents the need to invest capital in equipment. Ownership rests in the hands of the financial institution or leasing company, while your business has the actual use of the equipment. We can work with you to ensure that lease terms are commercially reasonable, agreeable, and provide for favorable terms and conditions.

Financial Institution Representation

  • Construction project loans – Regardless of the sophistication of your financing commitments, we will provide the appropriate construction loan documentation and expertise for your deals, including projects involving multi-income, historical, and new market tax credits.
  • Purchase money financing – You need to document and secure the financing of various business assets through a perfected first priority purchase money security interest, whether as a standalone initial credit facility, or in conjunction with existing credit to third party secured lenders. We can help.
  • Asset based loans – Whether you are providing asset based financing to fund ongoing working capital needs, machinery and equipment, or commercial real estate, we can assist you with properly documenting and securing the necessary credit facilities.
  • Capital equipment leasing – When your financing commitment includes a capital equipment leasing component, we can provide you with the tools to successfully complete this portion of your overall loan package.
  • Workouts, including dispositions of businesses and asset portfolios – Lenders sometimes encounter borrowers with troubled credit. We can provide you with the necessary tools to complete a successful workout, and where necessary, a timely liquidation of both real and personal property collateral.
  • Regulatory and compliance matters – Sometimes you need timely answers to specific questions about regulatory and compliance questions in connection with your lending practices. We’ll help clear up your confusion.

Financing Your Business: Look Beyond Interest Rates and Consider the Global Picture

Taking the Guesswork Out of Choosing an Attorney

Cost/Benefit Analysis: Thinking About Moving Your Business Financing Across the Street?

Explore Your Options: Many Alternative and Supplemental Financing Sources Exist for Business

High-Tech Startup Businesses in a Recession – Why now is the right time for opportunistic entrepreneurs

Ten Points About: Obtaining Business Credit

Business and Residential Finance Issues – Making Lemonade out of an Economic Lemon

Business Credit – How to Get It – A “Snapshot” That’s in Focus and a Solid Business Plan Are Some of the Keys

From Bootstraps to Banking – There are Many Ways to Finance a Startup Business

Looking Good – on Balance – How to Make Your Business a Better Candidate for Financing

Eeny Meeny Miney Moe? – Taking the Guesswork Out of Choosing an Attorney

Calm Before the Storm – Dealing with Secured Lenders When Times Become Tough

Capital Ideas – Business Financing in a Rising-interest-rate Environment

Shaking The Money Tree – There Are Many Options for Finding Cash for Your Strapped Business

Financing: It’s Not All About Interest Rates – There Are Many Factors that Determine if a Loan Package Works for You

Show Me the Money

Light at the End of the Tunnel – Often, Bankruptcy Isn’t the End, but the Beginning – of a Turnaround

Business Real Estate Acquisition – A Deal That You Can Grow With

Financing – It’s Not All About Interest

What People Are Saying...

“When I had my first will done several years ago, it was one page and no fine details. Then I met attorney Gina Barry, and a dozen pages later I have a perfect will. Gina’s knowledge and attention to detail is outstanding. I highly recommend using her for any type of estate planning.” -Debbie
“I have had nothing but great results when Mike Katz has been doing work on my behalf. Mike is an excellent negotiator is a great communicator with the best interest of his clients as the top priority.” July 13, 2011

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“Hyman Darling and I have had mutual clients over the years. I continually network with attorneys, financial planners and CPAs as we each handle different aspects of clients’ needs. I cannot count the number of times Hyman has been highly spoken of, and considered the “go-to-guy” for elder law planning. He is carries himself with utmost grace, and his expertise in the field is second to none. He is in high demand amongst attorneys who need the highest level of knowledge and understanding with particular cases. Hyman’s record speaks for itself.” December 6, 2010

What People Are Saying...

“I have known Gina Barry since 2003 when we met at a professional group BNI. Since then, I have hired her to work with my mother’s estate as well as prepare my own will. I have found her integrity and expertise in her field second to none. Gina has the ability to carefully plan your life estate so you can rest assured, live your life without doubt!” December 21, 2008

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“Jeff provides our non-profit corporation with outstanding legal advice relating to the operation of a fiber optic network, cable TV PEG matters, community outreach, government relations, and non-profit regulations. He combines his comprehensive legal knowledge with experience-based advice on telecommunications and non-profit business operations to provide a ‘one stop shop’ for our company.” January 25, 2011

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Dear Gina (Barry),
Thank you once again to you and your superb team for assisting me with the MassHealth situation. You truly continue to be a life saver for me… You keep me steady by responding with terrific legal and general health solutions, which are really very appreciated.

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Stan
Julie (Dialessi-Lafley,) thank you for everything yesterday. You are truly the best attorney ever
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