As industry lending standards continue to evolve, navigating the commercial lending process can be particularly challenging. Preti Flaherty’s experienced Banking group guides lenders and borrowers through every aspect of the commercial lending process.  Our versatile transactional attorneys are adept at anticipating the challenges of our clients and offer innovative and strategic approaches to achieving their respective financing and business goals.

Our attorneys practice in all areas of the banking and financial services industry, routinely advising clients on real estate lending, asset-based lending and equipment lease financing matters.  This work includes corporate lending for working capital, capital expenditures, lenders' local counsel representation, and real estate lending for the acquisition and construction of projects in the retail, office, hospitality and industrial sectors. 

Each attorney in our Banking group brings broad experience in various areas of the banking industry and is well-versed in structuring secured transactions involving all types of assets, including receivables, inventory, equipment, real estate, fixtures, timber, intellectual property, farm products and securities and other instruments.   Experienced with complex commercial loan facilities, Preti Flaherty counsels clients on new market tax credit transactions, historic tax credit transactions, SBA 7(a) and 504 transactions, HUD, FAME, Farm Credit, Rural Development and other government-supported loans.

Our clients include corporate and non-corporate borrowers, banks, credit unions, financial companies, insurance companies and other large and small lenders throughout New England.  As part of a multi-disciplinary firm, our Banking team regularly partners with members of the firm’s Bankruptcy and Public Finance groups, as well as our in-house title insurance agency, Charter Title Company, LLC, to provide clients with comprehensive and effective tools for meeting their business goals.

Bankruptcy, Creditors’ Rights & Business Restructuring

The services offered by the Banking group are complemented by Preti Flaherty’s Bankruptcy team, which focuses on business restructuring, formal bankruptcy proceedings and creditors’ rights litigation. Our Bankruptcy practice is one of the largest and most experienced in northern New England, routinely representing secured and unsecured creditors, DIP lenders, purchasers and sellers of claims and acquirers of distressed companies, creditor committees, bank groups, debtors-in-possession and Bankruptcy Trustees.

Public Finance

Municipal law, securities and federal income tax law are among the services provided by Preti Flaherty’s Public Finance practice.  We regularly represent both government and quasi-governmental entities, conduit borrowers, hospitals, universities and other 501(c)(3) nonprofit organizations and manufacturing enterprises, underwriters and letter of credit banks in a wide variety of public finance transactions.  Preti Flaherty is listed in the Bond Buyer's Municipal Marketplace directory (the "red book") and is listed as approved bond counsel by the Maine Municipal Bond Bank, the New Hampshire Municipal Bond Bank and the United States Department of Agriculture, Rural Development.  

Charter Title Company

Charter Title Company, LLC, a wholly owned subsidiary of Preti Flaherty, is a respected agent for a number of national title insurance companies and works closely with the firm’s Banking team to provide title insurance and closing services for commercial transactions.  Charter Title Company, LLC also partners with the firm’s Real Estate practice, a team of attorneys handling diverse real estate transactions for businesses of all sizes throughout New England and beyond, to ensure that our clients' real estate transactions are in compliance with relevant state and federal regulations and meet their business objectives.

Firm Highlights

Publication

EPA Makes History With First-Ever Addition of Hazardous Air Pollutant

After a decade-long back-and-forth with states, NGOs and industry groups, the U.S. Environmental Protection Agency has finally announced that it will add a powerful dry cleaning solvent, 1-bromopropane, or “1-BP” to its list of...

Press Coverage

Preti Flaherty Attorneys Walker and Sedlack Provide Counsel in Portland Recount Battle

After two days, hours of discussions, reported discrepancies in voting machines, and a hand recount of ballots, Roberto Rodriguez emerged as the winner of Portland’s at-large city council election. The hotly contested race was the first ranked-choice...

Publication

Legislative Alert: Convening of the 2nd Regular Session of the 130th Legislature

The Second Regular Session of the 130 th Legislature will convene next Wednesday, January 5 th at 10 a.m. This is intended to be an in-person session of both the House and Senate with...

News

Preti Flaherty Partnership Announces Promotion to Partner of Kristin Collins and John Cronan, III

Preti Flaherty is pleased to announce that the firm’s partnership has named two new partners: Kristin M. Collins and John J. Cronan, III. Both attorneys stand out as distinguished practitioners within their respective fields...

Publication

What Do the Supreme Court's Vaccination Rulings Mean for Your Business?

Reflecting the deep rift in public opinion concerning the government’s role in dictating how businesses, health care entities and public sector employers ought to act to stem the spread of COVID-19, a divided U.S. Supreme...

News

Preti Flaherty Attorney Sigmund D. Schutz Named to AAA Roster of Arbitrators

Preti Flaherty is pleased to announce that attorney Sigmund Schutz was recently named to the American Arbitration Association’s (AAA) Roster of Arbitrators. AAA is a not-for-profit organization in the field of alternative dispute resolution...

News

Preti Flaherty Welcomes Attorney Jeffrey Thaler to the Firm

In a move that significantly expands its pioneering Climate Strategy Practice Group, Preti Flaherty Beliveau & Pachios, LLP is pleased to announce that it has hired Jeffrey Thaler, a leading climate and clean energy...

Press Coverage

Maine Newspapers Fight Anonymous Testimony in Lawsuit Challenging Vaccine Mandate

A group of newspapers in Portland, Lewiston, Augusta, and Waterville, represented by Preti Flaherty attorney Sigmund Schutz, have filed a motion in federal court requesting the identity of nine healthcare workers seeking religious exemption from the state's...

Publication

Pandemic Legal Lessons Learned by the Real Estate Industry

Preti Flaherty attorney Simon Brown has coauthored an article for  NH Business Review  on the subject of ongoing fallout of the pandemic on the real estate industry and some key lessons learned over the...

News

Preti Flaherty Attorneys Mariana Baron and Nelson Larkins Honored by Maine Supreme Judicial Court for Pro Bono Service

Preti Flaherty is pleased to announce that attorneys Mariana Baron and Nelson Larkins have been honored by the Katahdin Counsel Recognition Program for their 2021 contributions to pro bono legal aid in the state...