<img height="1" width="1" style="display:none;" alt="" src="https://px.ds.linkedin.com/collect/?pid=5277500&amp;m=gif">

Managing the Closing Process in Commercial Loan Transactions

Online Class material is 100% online, accessible by all standard web browsers. Use your desktop, laptop, tablet, or smartphone--your progress will by synced across all devices.
On-Demand The class is fully asynchronous. Do the work at your own pace, turn in your assignment when you're ready, and get instant feedback via model answers and video review sessions.
Interactive Learn with dynamic, interactive modules that keep you engaged in active learning using a variety of learning modes.
Experiential Includes practical assessments throughout the class, plus a capstone assignment where you apply your skills in the context of a real-world matter.

Class Content


This class teaches junior associates how to manage the process of moving a loan transaction to and through closing. It begins by providing an overview of the deal process for typical commercial lending transactions, and discusses the various parties, their roles in the transaction, and their priorities and tasks at the various stages of the deal process. The course then discusses due diligence for lending transactions and the process of refinancing existing indebtedness. Then, the class details closing mechanics and the closing checklist, notes the role of post-closing obligations, and discusses the role of the junior attorney in facilitating a successful closing.


 Upon completion of this course, participants will be able to:

  • Identify the typical stages  of a lending transaction and how those stages vary depending upon the parties to and type of lending transaction.
  • Describe the topics of due diligence and the process for conducting due diligence in a typical lending transaction, including how to order and review lien search reports.
  • Articulate the typical closing obligations and responsibilities of the various parties and recognize the types of ancillary documents typically required in lending transactions.
  • Understand the role of a junior attorney in a lending transaction, specifically the responsibilities of a junior associate in the closing and post-closing stages.
  • Complete a closing checklist.

Simulation Exercise

Students are presented with a banking client that has approved a borrower for a proposed credit facility consisting of a term loan and a revolving loan facility. Students are asked to prepare a closing checklist for the new deal, based on the term sheet and sample checklist provided. 

CLE Credit

2 CLE Credits is available for each course.


The AltaClaro Difference

Effective Learning with ROI--Backed by Education Science

Step 1: Learn

Learn at your own pace, absorbing lessons in short, easily digested segments led by experienced practitioners.

Step 2: Do

Apply what you've learned to solve real-world client scenarios, using transaction documents derived from actual deals.

Step 3: Review

Deepen your learning in virtual review sessions with an experienced practitioner. Review model answers and ask questions.

Instructors Who Practice What They Teach

Success Stories

Find Out More

Interested in this Class?

Our master classes are delivered in an experiential "bootcamp" framework. Students participate in small cohorts that go through the learning materials, assignments, and live review sessions together with experienced practitioner-instructors.

We serve law firms of all sizes, individual professionals, and groups of professionals (in-house departments, networks, and associations). Find out more about how we can help you.

law firms

Law Firms

Rapidly upskill associates with effective, efficient practical skills training.
Find Out More


Explore new practice areas and build in-demand practice skills.
Find Out More