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Why is such a substantial agreement required for a loan?

Palmers Solicitors in Essex November 29, 2024

When taking out a commercial loan, you may have noticed that many loan agreements are substantial, often taking up one hundred pages or more.

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How can I grant a legal charge over my property?

Palmers Solicitors in Essex October 25, 2024October 30, 2024

When taking out a commercial loan, you might be asked to put up some of your assets as security against the borrowed sum in the event that you default on repayments.

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Commercial loans – Can my spouse witness my signature?

Palmers Solicitors in Essex August 23, 2024

When you take out a commercial loan to finance your business, you’ll be required to sign a loan agreement and more than likely security documents to support the lending under the loan agreement to confirm that you:

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When a business receives a loan, do all directors need to sign on the dotted line?

Palmers Solicitors in Essex August 2, 2024

If you choose to access financing for your business through a commercial loan, it’s important to understand who needs to agree to and authorise the debt before you proceed.

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I’m applying for commercial finance – What will my lender require?

Palmers Solicitors in Essex July 12, 2024

Commercial loans and financing are some of the most common ways for business owners to access funding for growth and enhanced cash flow.

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19 Town Square,
Basildon,
Essex, SS14 1BD
Tel: 01268 240000

105 High Street,
Rayleigh,
Essex SS6 7QA
Tel: 01268 988488

Prospect House, Brickfields
Road, South Woodham
Ferrers, Chelmsford,
Essex, CM3 5XB
Tel: 01245 322111

Ascension Chambers,
Fleming Road, Chaord
Hundred, Grays,
Essex, RM16 6HH
Tel: 01375 484444

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Palmers Solicitors is the trading name of Palmers Law Limited (company registration England & Wales: 09464224)
registered office 19 Town Square, Basildon, Essex SS14 1BD & regulated by the Solicitors Regulation
Authority, SRA No: 813805 | VAT Number: 394 924214.

 

This company maintains professional indemnity insurance in accordance with the rules of the Solicitors Regulation Authority.
Details of the insurers and the territorial coverage of the policy are available for inspection at our offices.

 

 

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