MMiller Thomson LLPToronto, ON · October 14, 2026
Commercial Lending: Five issues that can cause delays and increase legal costs
The lender has approved the financing, the borrower needs the funds, and a closing date has been set. So why is the transaction taking longer, and costing more, than expected? In Canadian commercial lending, the steps between credit approval and funding can be easy to underestimate. Documents need to be settled, due diligence completed and...
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