Industry standard

Lightning documents recognized as standard business loan documents in the private lending industry

Lightning Docs is a step in the right direction for the future of private lending.

Lightning docsa proprietary, cloud-based business loan document generation system, was named the Official Loan Docs of The American Association of Private Lenders (AAPL). Created by the attorneys and partners of Geraci LLP, Lightning Docs sets the standard in loan documentation for the private lending industry. Users simply answer a few questions and can download lawyer-quality loan documents.

“Lightning Docs is an innovative and efficient way for our private lending community to access the high quality loan documents needed. This makes the process transparent, productive and cost effective,” said Eddie Wilson, CEO and President of AAPL.

“Lightning Docs is a step in the right direction for the future of private lending,” said Nema Daghbandan, Esq., Partner at Geraci LLP. “This tool was created to meet a need for writing loans for business purposes and allows clients to navigate the system independently, while having the advantage of using legal language reviewed by a lawyer who applies to loans of all types nationwide. This puts clients in control of the entire process of creating loan documents at a fraction of the cost of working with attorneys. Lightning Docs currently generates over 800,000,000 in loans each month and is expected to surpass $1 billion per month in loan document origination before the end of 2022.”

As the official sponsor of the 13th Annual AAPL Conference, Lightning Docs will have a booth and perform demonstrations on the exhibit hall floor during the show.

“The American Association of Private Lenders is the nation’s oldest and most established national private lending organization. They demand high standards and accountability as a condition of membership and understand that a self-governing industry is less likely to be regulated from the outside. We are very honored that they have identified Lightning Docs as the industry standard for business lending documents. We look forward to partnering with AAPL for many years to come,” said Daghbandan.

When you’re at the conference, be sure to stop by the Lightning Docs booth or host a demo with the team and witness firsthand the future of private lending.

About Lightning docs

Lightning Docs is a proprietary cloud-based business loan document generation system developed in-house by Geraci LLP attorneys and partners. Lightning Docs allows its customers to generate loan documents for business purposes nationwide with the click of a button. The system will generate all loan documents for commercial purposes, including bridging, fixed and reversible loans, construction from scratch, DSCR lease, portfolio lease, etc. The documents have been used for numerous rated and unrated securitizations and are considered the industry standard for private lending. industry.

For more information on Lightning Docs, please visit https://lightningdocs.com/ or contact Nema Daghbandan at nema@geracillp.com or 949-379-2600.

About Geraci LLP

Geraci Law Firm is the nation’s largest law firm dedicated almost exclusively to the private/unconventional lending space and is the leading legal resource for specialty lenders, asset-backed lenders, private lenders and institutions. non-banks. Our legal services include banking and financial services, corporate and securities, and litigation and bankruptcy, providing lenders with a vertically integrated suite of services, while our Geraci conference line provides networking and educational opportunities. to the industry as a whole.

For more information about Geraci LLP, visit https://geracilawfirm.com/ or contact us at 949-379-2600.

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