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Almost all businesses will need a commercial loan agreement at some point, either for start-up funding, working capital or expansion. But dealing with banks needn’t be overwhelming – as our Commercial Solicitor Rana Chatterjee explains.
Here Rana covers negotiating your loan terms and understanding your payment schedule. There’s also the implications of giving security over business assets, as well as understanding the obligations and conditions of the loan such as interest rate hedging and anything set out in an ISDA Master agreement. Rana explains how and why reviewing documents and agreements is so important for a business, and shares more about how syndicated loan agreements work