A commercial loans expert witness or consultant is knowledgeable in loans that a business may arrange with a bank or financial institution. Commercial loans are also referred to as a business loan, C&I loan, or industrial loan. A commercial loan can go to many different areas of a business operation; such as equipment, research and development, human resources, machinery, investments, or inventory, commercial loans are a very important aspect of the banking industry.
Any type of business, can take out commercial loans, from small businesses, to start ups, to major corporations. The finances behind a business can be very complex, so it is often required by banks that the commercial loan borrower present a financial statement on a monthly or annual basis, depending on the nature of each loan.
A commercial loan expert is often experienced in several aspects of the banking industry, such as regulatory procedures, lender liability, standard of care, underwriting, credit analysis, escrow, mortgages, interest rates, and accounts receivable financing. They are also licensed or certified in real estate brokerage, finance lending and brokerage, accounting, and other financial areas.
As with any type of financial undertaking, commercial loans may be the subject of litigation. This could be due to several possible factors, including fraud, problem loan management, contract disputes, liability issues, negligence, or lost profits.
Complex litigation regarding finances requires a qualified and experienced commercial loan expert witness. ForensisGroup has a history of matching clients with the perfect expert witnesses. To request an expert, Submit An Expert Request Form or give us a call today.