Loan Modification and Amendment Agreement (Long Form)
A detailed Loan Modification and Amendment Agreement that changes rate, term, or covenants without inadvertently releasing collateral or guarantors, covering the edge cases short forms leave open.
Covers termination, transfer, dispute resolution, and the other back-half provisions that short forms skip. The complete protective provision set for a transaction where the downside justifies negotiating every term.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one facility. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$2,600 is $325/hour × 8 hours — the time this deliverable takes in an ordinary lending matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $2,600 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Lending work MC Law prepares on a flat fee.
Deposit Account Control Agreement (Long Form)
A long-form Deposit Account Control Agreement that perfects a lender's interest in a bank account and defines who may direct the funds and when, built for a high-value or heavily negotiated transaction.
Debt Subordination and Standstill Agreement (Borrower Side)
A Debt Subordination and Standstill Agreement written to favor the borrower, covering the document that ranks one creditor behind another with payment blockage and enforcement standstill terms.
Debt Subordination and Standstill Agreement (Lender Side)
A Debt Subordination and Standstill Agreement written to favor the lender, covering the document that ranks one creditor behind another with payment blockage and enforcement standstill terms.
Guaranty (Personal or Corporate) — Negotiation and Closing (Borrower Side)
Full borrower-side negotiation of a Guaranty (Personal or Corporate), the document that makes a third party answerable for the borrower's obligation, with waivers that survive the usual defenses, from first draft to closing.
Guaranty (Personal or Corporate) — Negotiation and Closing (Lender Side)
Full lender-side negotiation of a Guaranty (Personal or Corporate), the document that makes a third party answerable for the borrower's obligation, with waivers that survive the usual defenses, from first draft to closing.
Intercreditor and Subordination Agreement — Review and Redline (Borrower Side)
A review and redline of an Intercreditor and Subordination Agreement from the borrower position, for the document that ranks competing lenders and sets who gets paid, who can enforce, and who has to stand still.