The Banking Law Journal: Having Your Electronic Signatures and Inking Them Too: Thoughts on Continuing Reluctance to Closing Commercial Loans Solely by Electronic Means
In an article on February 1, 2018 in The Banking Law Journal, Snow expands on the evolution of commercial loan closing mechanics over the last 20 years. From loan documents manually singed in ink at closings and attended in person, to loan documents signed via email delivery, a lot has changed, but with this change comes many benefits, Snow details, "This article is presented as an invitation for commercial lenders to consider adapting to 'the speed, efficiencies, and cost benefits of electronic technologies' vis-à-vis commercial loan closings via emerging e-platform services and to more fully embrace the law of electronic signatures and records and its potential workflow benefits."