Commercial Loan Documentation

O'Reilly Rancilio's Michigan business attorneys represent a vast number of commercial banks, credit unions, financial institutions, private equity entities, and other creditors who lend capital to businesses and individuals for commercial and residential purposes. Our office also represents borrowers who are seeking a loan for either commercial or residential purposes.

We review, negotiate and draft the loan documents related to such loans, including, but not limited to, loan agreements, promissory notes, security agreements, mortgages, guaranties, and participation agreements. We also deal with other issues relating to commercial loan documentation.

Our Latest News & Articles
Before Naming A Successor Trustee, Make Sure to Get Consent
One of the most important decisions when drafting a trust is deciding who will serve as the successor trustee, which is the person or institution who takes over management of the trust when the trustor (the creator of the trust) has died or has becom… Read More
Is the Federal Government One Step Closer to Rescheduling Cannabis?
Last year, the U.S. Department of Health and Human Services (HHS) submitted a report to the Drug Enforcement Agency (DEA) advising the federal government to reschedule marijuana as a Schedule III substance under the Controlled Substances Act (CSA). T… Read More
What is the DOL's Final Rule Regarding Independent Contractors?
The U.S. Department of Labor (DOL) recently announced a final rule to help employers properly classify workers as either independent contractors or employees under the Fair Labor Standards Act (FLSA). The rule, which went into effect on March 11, 202… Read More
What Can Small Business Owners Learn About AI from the TikTok and Universal Music Group Dispute?
TikTok’s high-profile contract dispute with Universal Music Group (UMG) highlights how the use of Artificial Intelligence (AI) is impacting the business community. What can small business owners learn about AI from the dispute? With its vast databa… Read More
What is a Cottage Succession Plan?
Estate Planning: Cottage Succession Plans According to Travel & Leisure, Michigan ranks as one of the top states to own a vacation home. While many families have undoubtedly made memories along the fresh-water shores and wooded trails, what happe… Read More
Are You and Your Company Impacted by the Corporate Transparency Act?
Are You and Your Company Impacted by the Corporate Transparency Act? The answer is probably yes, so you should pay careful attention to the information below. The Financial Crimes Enforcement Network of the United States (FinCEN) has set forth stiff… Read More
Michigan Governor Signs Bills Regulating AI-Generated Political Ads Into Law
Michigan’s Election Laws New laws aimed at updating Michigan’s election laws should make it easier to identify political ads created by using artificial intelligence (AI). The laws, which went into effect on Feb. 13, 2024, also prohibit the distr… Read More
Clean Drinking Water Act Requires Schools and Childcare Centers to Install Water Filters
Governor Gretchen Whitmer signed bills into law creating the Clean Drinking Water Act. The Act requires the installation of water filters in childcare centers and schools in the future. House Bills 4341 and 4342 and Senate Bill 88 combined to enact t… Read More
Recent Michigan Case Highlights Issues Surrounding Service Animals at Work
Under the Americans with Disabilities Act Under the Americans with Disabilities Act (ADA), state and local governments, businesses, and nonprofit organizations generally must allow service animals to accompany people with disabilities, including work… Read More
A New Michigan Law Aims to Prevent Financial Exploitation
A new Michigan law aims to curb the financial exploitation of senior citizens and other individuals. The law allows broker-dealers or investment providers to delay disbursement of funds or other transactions if the dealer or provider suspects that a… Read More