Secured Transactions
Secured transactions involve lending agreements backed by collateral—like when a borrower pledges property to secure a loan. We help lenders and borrowers structure and document these agreements properly to ensure legal protection and enforceability. From preparing promissory notes and UCC filings to reviewing collateral terms and default provisions, our team brings clarity to a complex process. If you’re entering into a private lending arrangement, seller financing, or business loan, we help you do it right.
1
Secured transactions are everywhere in business and finance, from car loans to business equipment financing, but many people don't understand how they actually work. Whether you're lending money, borrowing funds, or involved in business deals, knowing the basics of secured transactions can help protect your interests.
2
Filing a UCC-1 financing statement seems straightforward, but small mistakes can leave your security interest unprotected and worthless. Getting the details right from the start can mean the difference between having a secured claim and being an unsecured creditor if things go wrong.
3
A poorly drafted security agreement can turn what you thought was a secured loan into an unsecured debt, leaving you with little recourse if the borrower defaults. Understanding the most common pitfalls can help you avoid costly mistakes that could jeopardize your ability to collect.
4
Collateral is what separates secured lending from unsecured lending, but not all collateral is created equal when it comes to protecting your investment. Knowing how to properly identify, value, and secure collateral can make the difference between a profitable lending arrangement and a significant loss.
