Mezzanine financing is used when additional monies (above the amount of financing available from the mortgage lender) are needed to acquire, construct or refinance a commercial piece of real property. Because of loan-to-value restrictions by mortgage lenders (currently, sixty to sixty-five percent loan to value is typical) the owner/developer needs to provide funds in the […]
Welcome to UCC Insurance Insights
Welcome visitors to our new blog, UCC Insurance Insights. We want the blog to be a clearinghouse for all things relating to commercial loan transactions involving a security interest being granted to the lender for any type of collateral under Article 9 (secured transactions) and Article 8 (securities) of the Uniform Commercial Code (UCC).
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