Practices | Business Law

Finance

Bernstein Shur’s Finance Group provides a full range of services to both lenders and borrowers. Group attorneys represent commercial and consumer lenders throughout northern New England and across the United States, including banks, insurance companies, private venture capital organizations, asset acquisition companies, and credit unions. We also represent borrowers ranging from individuals to publicly traded companies.

Services for acquisition financing, refinancing, and restructuring are regularly provided for real estate, leasehold interests, asset-based, construction, and other commercial loans, including SBA and FAME financing packages and taxable and tax-exempt bond financing. We have worked extensively with FAME, the Maine Health and Higher Educational Facilities Authority, and the Maine State Housing Authority, both as bond counsel and on behalf of borrower and lender clients. We have assisted numerous Maine businesses in raising capital. In conjunction with the firm’s Business Restructuring and Insolvency Practice Group, we enforce and defend commercial and consumer loans and negotiate workout arrangements. Members of the firm’s Augusta office also provide services for consumer loans.

Bernstein Shur’s finance attorneys work with other regional and national law firms on a regular basis. Projects are staffed to achieve the client’s objectives in a timely and economical manner.

Recent representative transactions include:

  • $18,000,000 hotel construction loan, term loan, and revolving credit facility (as lender’s counsel)
  • $40,000,000 manufacturing facility purchase and construction (as lender’s counsel and letter of credit bank counsel)
  • $4,500,000 manufacturing facility purchase, construction, and IRB financing (as lender’s counsel, bond counsel, and letter of credit bank counsel)
  • $4,740,000 truck leasing company acquisition (as lender’s counsel)
  • $28,000,000 multi-family housing project acquisition (as borrower’s counsel)
  • $4,207,000 HUD-financed elderly health care facility (as borrower’s counsel)
  • $6,000,000 shopping center acquisition and development (as borrower’s counsel)