Category Archives: Financing Agreements
Can Tulsa Lenders Change the Terms of Financing Agreements Before Disbursing the Funds to Borrowers?
Once the lender and borrower sign off on a financing agreement, neither party can change the terms — unless the agreement provides for certain changes, such as specific interest rates. Any lending business can easily face potentially costly litigation by later refusing to proceed with the loan, or by changing the terms. The legal issues […]