Venture Debt Attorney

Ascendion; United States; Sur place; USD 250 000 - 350 000; Plein temps

Avantages offerts par ce poste

Full benefits (medical, dental, etc.)

Flexible work schedule

Paid time off (PTO)

Vacation time

Résumé du poste

Ascendion is seeking a Venture Debt Attorney with 5+ years of debt finance experience to join a growing law practice focused on venture debt and private credit. You will advise lenders and borrowers on term sheets, draft and negotiate loan and security documents, and structure asset-based facilities across revolvers and working capital facilities.

Ideal candidates are admitted in New York (Delaware a plus) with strong drafting and negotiation skills and the ability to handle multiple

Qualifications

• 5+ years of law firm experience in debt finance, including venture debt and private credit.
• Admitted in New York; Delaware admission a plus.
• Strong drafting and negotiation skills; ability to manage multiple transactions.
• Desirable: experience with UCC Article 9 and secured transactions.

Responsabilités

• Advise lenders and borrowers on term sheets and transaction structure.
• Draft and negotiate loan agreements, security documents, and related instruments.
• Structure asset-based facilities, revolvers, and working capital facilities.
• Coordinate diligence, filing, and closing mechanics.
• Prepare warrants and equity instruments issued with debt financings.

Connaissances

Debt finance

Venture debt

Negotiation

Drafting

Attention to detail

Description du poste

We are working with a a growing, award winning law firm, boutique law firm, looking to bring on an Venture Debt Attorney. Specifically, they are looking for someone with 5+ years of Debt finance experience, which includes venture debt and private credit.

Qualifications:

• Admitted and in good standing in New York. Delaware admission is a plus.
• 5+ years of law firm experience in debt finance, representing lenders, borrowers or both in venture debt, private credit, asset-based or specialty finance transactions.
• Working knowledge of UCC Article 9 and secured transactions, including perfection by control, and intercreditor and subordination arrangements.
• Strong drafting, negotiation and communication skills, and the ability to carry several transactions at once without supervision on the mechanics.
• Desirable: Forward flow, warehouse or securitization-adjacent structures. Merchant cash advance, revenue purchase or other receivables assets. Clients in fintech, e-commerce, consumer goods or SaaS.

Responsibilities:

• Advise lenders and borrowers on term sheets and transaction structure.
• Draft, review and negotiate loan and security agreements, credit agreements, promissory notes, guaranties, pledge agreements, receivables purchase agreements, and intercreditor and subordination agreements.
• Structure and document asset-based facilities, term loans (including delayed-draw and acquisition financing), revolving and working capital facilities, receivables and forward flow programs, warehouse facilities and equipment financings.
• Prepare and negotiate warrants and related equity instruments issued alongside debt financings.
• Run diligence, lien and litigation searches, UCC filings, deposit and securities account control arrangements, and closing mechanics, including conditions precedent and funding logistics.

The annual salary for this position is between 250k-350k. Factors which may affect pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Full Benefits offered - Medical, Dental, etc. Flexible work schedule + PTO + Vacation time