We make loan closings easy for you and your borrower.
At Lawyers Escrow USA, our specialty is small business
transactions. We know what buyers and sellers need to legally transfer
a business, and we work as a neutral third party to bring a business
sale to closing.
Our expertise can also help you when you need to close
an SBA loan. We'll coordinate the closing with all parties. You can then
either conduct your loan closing when the business transaction
closes, or send us your lender instructions and loan documents, which
we will have signed and notarized. We'll collect your fees on our settlement
statements, and disburse funds as instructed.
Five advantages to working with Lawyers
Escrow USA:
Combined loan and
transaction closing. Lawyers Escrow USA will
close your loan when the business transaction closes,
making the loan closing easy and convenient for all
parties involved.
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Loan
coordination. We'll review
your SBA Authorization to ensure that proper
equity injection is collected when the transaction
closes. We'll also coordinate with you or your
counsel to detail and collect all necessary fees
and closing costs on the buyer's settlement statement.
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Real estate
services. If real estate is included in
the transaction, we can coordinate the title insurance policy, the survey, and any additional items
required. Our escrow attorney will also prepare the
warranty deed to transfer
the real property, and obtain a real property
tax certificate to prorate or pay off any required
taxes on the real estate.
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Document coordination
and drafting. Lawyers Escrow USA will
prepare the documentation required to transfer
the business as part of our standard business
transaction services, and will provide you with
any documents you need to complete your files.
We'll also notarize and execute your provided
loan documents while the required parties are
at the closing table.
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Post-closing services.. We will collect, disburse
and overnight all third-party loan fees
directly to the payees as instructed, including
the lender, the lender's attorney and the loan
packager, following the receipt of funding. We
will also coordinate and pay any liens against
the business from the funding, and file formal
UCC terminations to ensure that the lender holds
the first lien position for their loan.
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When you work with Lawyers Escrow USA on your SBA loan
closings, we'll work to make your job easier.