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Enforceability/Opinion Letters for Business Loans

If your company applies for a loan, the bank will request an attorney prepare an enforceability letter, or sometimes called an opinion letter. Essentially the attorney confirms to the bank, that based upon a review of the company, there would be nothing currently that would cause the company to default on the loan.


The attorney reviews the company documents, its filings, and the vote to allow the loan. The attorney will speak to an authorized agent of the corporation to make sure there are no liens or outstanding matters that could affect the loan. The attorney also confirms the loan would not be subject to any bankruptcy or litigation.


This process is not overly intrusive and can be done quickly in a few hours. If you have a company and are seeking a business loan, please feel free to reach out, and I can assist you with this letter to allow you to obtain that loan.

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