Loan Modification and Amendment Agreement (Borrower Side)
A Loan Modification and Amendment Agreement, drafted from the borrower position, that changes rate, term, or covenants without inadvertently releasing collateral or guarantors.
Includes the fallback language to use when the counterparty objects, so you are not redrafting under pressure. A full custom draft prepared from your transaction, your counterparty, and the risks that are actually in front of you.
Choose the version you need
- Standard$1,625
- Standard (Borrower Side)$1,800This page
- Standard (Lender Side)$1,800
- Short Form$900
- Long Form$2,600
- Long Form (Borrower Side)$2,925
- Long Form (Lender Side)$2,925
- Review and Redline (Borrower Side)$900
- Review and Redline (Lender Side)$900
- Negotiation and Closing (Borrower Side)$2,925
- Negotiation and Closing (Lender Side)$2,925
Frequently asked questions
The fee covers a full custom draft built from your intake answers, a cover note explaining the choices that matter and why, and an editable word file and a clean pdf. 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.
3 to 5 business days 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.
$1,800 is $325/hour × 5.5 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 $1,800 whether it takes us the estimate or twice it.
2 rounds of revisions are included. You can add more when you order, or later, at $325 per additional round. A round is one consolidated set of your comments and our revised draft back to you.
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.
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Deposit Account Control Agreement (Lender Side)
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Loan Modification and Amendment Agreement (Lender Side)
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Accounts Receivable Factoring Agreement (Short Form)
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