Consulting a Litigation Support Specialist about Commercial Loans

A commercial loans litigation support specialist is a particular type of consultant who is exceptionally knowledgeable regarding the types of lending done between businesses and financial institutions. There are often no issues with these loans, but sometimes they can become contentious between the lender and the borrower.

This is when the litigation support specialist steps in to unravel the problems with complex business loans, industrial loans, or C&I loans and helps businesses, lenders, or attorneys better understand the situation at hand. The type of litigation support specialist you want advising you 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

The finances behind commercial loans can be pretty complex, which means there are plenty of opportunities for misunderstanding. By consulting with a financial expert who has both broad and deep knowledge on the subject, you are able to gain a keen insight into the situation or case. This wealth of experience is essential because of how diverse commercial loans are—especially since they can be used for everything from buying new equipment and inventory to covering human resources and research and development expenses.