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Business

SBA Small Business Loans in a Nutshell


Many business owners have heard the term “SBA”, particularly in relation to SBA loans, but are unsure of exactly what the SBA is, how it can help small businesses owners and the types of loan programs that the SBA offers. This article will provide an overview of the SBA, an explanation of typical SBA loans,

Massachusetts Appeals Court Decides Burden of Proof for Evergreen Clauses


The Massachusetts Appeals Court recently analyzed the burden of proof applicable to automatic renewal clauses, otherwise known as evergreen clauses, and concluded that the party seeking to prove performance of the acts required to stop the automatic renewal had the burden to prove compliance with the terms of the contract.  Although the underlying dispute involved

SBA announces the return of the 504 loan refinance program


In late May of this year the Small Business Administration (“SBA”) has re-established the debt refinancing program consistent with the more well- known SBA 504 loan programs.  The 504 loan program was historically only available to purchasers of commercial property.  The debt refinancing program, while available several years ago, was temporary.  The program, which expired

What Do Business Lawyers Do?


Business lawyers, also referred to as corporate lawyers, assist business owners and business management with corporate legal and regulatory matters. Business lawyers provide counsel on and facilitate the creation of contracts for vendors, employees, clients and third parties. Corporate lawyers navigate the realm between a business and the regulatory environment, ensuring policies adhere to local,