Consulting a Litigation Support Specialist about Commercial Loans
A commercial loans litigation support specialist is a consultant who is exceptionally knowledgeable about the lending done between business and financial institutions. Whenever you have a contentious case dealing with a complex business loan, C&I loan, or industrial loan, you will benefit greatly from having an expert like Michael F. Richards advising you.
What You Should Know
A litigation support specialist who advises on commercial loans should be experienced in several aspects of the banking industry, including:
Regulatory Procedures
Lender Liability
Standards of Care
Underwriting
Credit Analysis
Escrow
Mortgages
Interest Rates
Accounts Receivable Financing
Since the finances behind commercial loans can be quite complex, it’s best to consult with someone who has both broad and deep knowledge to get keen insight into the case.
While choosing a litigation support specialist, remember that commercial loans are very diverse. They can be used to finance all manner of things, from equipment and inventory to human resources and research and development. Thus, it is best to select a financial expert who has prior experience with cases similar to yours. The smallest bit of knowledge could make or break your case.