Electronic Signatures in Commercial Lending: Practical and Legal Considerations

Borrowers periodically ask whether commercial loan documents can be executed electronically. While electronic signatures are legally recognized, their use in commercial lending remains institution-specific. Many lenders continue to require traditional “wet-ink” signatures for certain core documents, particularly promissory notes and mortgages, based on enforcement, operational, and recording considerations.... By: Winthrop & Weinstine, P.A.