Basic Business Entities & Other Commercial Borrowers
Course Number: Webinar
Course Code: n/a
Key issues for business entities include who, if anyone, has personal liability for the debts of the business and what is the impact of federal, state and local taxes on the business and its owners. Essential legal principles underlying creation and operation of borrower entities are also significant for lenders concerned with creating effective and enforceable loan documents. This webinar presents a survey of requirements, characteristics, advantages, disadvantages plus creation and documentation issues for the most frequently used types of business entities.
-Limited Liability Partnerships
-Limited Liability Companies
-Real Estate Investment Trusts
Audience: This webinar is suitable for both lenders and account managers. It provides new bankers with essential information for understanding and managing business relationships. Experienced bankers will find it a valuable refresher course.