20
Apr
2015

Lending to Restaurants Pitfalls in Perfecting Security Interests

ABF Journal

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PUBLISHED ON: April 20, 2015

Lenders have historically shied away from lending to restaurants for a variety of reasons, with the high restaurant failure rate ranking among top among concerns. But as the restaurant industry is poised to experience its fifth consecutive year of growth, lenders should consider adding restaurants to their portfolios. Anderson Kill Attorney Inez M. Markovich discusses four potential pitfalls that jeopardize the priority of a lender’s security interest in a restaurant’s assets.

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