Client-focused solutions for your convenience.
Administering loan structures can be complex and time-consuming, but not for our Successor Agent Services clients. We act as an independent, third-party bank loan agent to offer restructuring and amendment processes as well as back-middle office and administrative duties when the existing agent resigns.
At Cortland, we focus solely on your needs. Unlike other administrative agents and dealers, we don’t take lending or proprietary trading positions. That allows us to put our clients’ interests first – always.
Our successor agent services include:
- Managing amendment processes
- Managing credits through Chapter 7 and 11 proceedings and out of court restructurings
- Chairing steering committees
- Timely trade processing
- Collection and maintenance of lender data, tax documentation and more
Contact us today to learn more about how our successor agent services can help your business.