Secured Creditor



The Secured Creditor/Bankers Environmental Risk Property Insurance Program protects lenders against loss from borrower default on a commercial real estate loan that is secured by an insured property, leasehold or fixed assets. If there is a default caused by a pollution condition on the insured property, the policy will indemnify the lender for the outstanding loan balance.
 
Additionally, the policy will provide coverage for the lender against third-party claims for bodily injury, property damage or cleanup costs resulting from pollution conditions on the property. As risk protection is provided to both lender and borrower, transactions can be completed confidently and efficiently. A lender's entire portfolio of loans can be insured with this policy.


Contact Us today to discuss your needs so we can tailor a policy to your specific exposure.
 
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Lomax Solutions, LLC.
P.O. Box 307 Blue River, Oregon 97413
Phone: 714-955-1560
 
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