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Equipment Leasing and Financing
book

Equipment Leasing and Financing

by Richard M. Contino
November 2019
Intermediate to advanced content levelIntermediate to advanced
218 pages
5h 17m
English
Business Expert Press
Content preview from Equipment Leasing and Financing

CHAPTER 10

Closing the Financing Contract

Overview

Once the terms and conditions of a financing contract are agreed on, certain additional documents, referred to as collateral documents, may be required to close a financing transaction. These collateral, or supplemental, documents range from the ones that essentially provide comfort on specified issues, such as opinions of counsel, to the ones that address critical support arrangements, such as a contract guaranty.

Although drafting the supplemental papers will be the responsibility of the transaction’s lawyers, the business people should understand the fundamental concepts involved so that any forms can be meaningfully reviewed to ensure they accurately reflect the agreements reached. Also, ...

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Publisher Resources

ISBN: 9781949991932