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Best Practices for Bridge Financing Lenders in California

April 09, 2012

By ROB R. CARLSON, NASYM KORLOO & HEWOT F. SHANKUTE

Financing sources providing debt commitments (which are referred to in this article as bridge financing lenders) are advised to consider important precautions when providing any bridge financing to California companies in which they hold equity or intend to hold equity. Identified in this client alert are best practices that bridge financing lenders should implement prior to issuing any debt to such companies.