making banks look good to borrowers
Lerch Early attorneys help lenders provide floor plan financing to automobile and equipment dealerships and are experienced in the real estate blue sky loans that often accompany dealership acquisition and remodeling.
Our attorneys have handled billions of dollars in floor plan financing transactions for our clients. We understand that in floor plan financing, the lender’s collateral and risk exposure is different in nature. We routinely advise our clients on their due diligence requirements to enable them to analyze risks and to balance their legal and business relationship needs. Our clients benefit from our lawyers’ proactive approach to preparing and negotiating of floor plan financing loan documents, as well as subordination and intercreditor agreements with the automobile manufacturer’s financing company.