How a Retail Business Hired a Lawyer to Draft a Strategic Alliance Agreement in South Carolina

In 2024, a business in South Carolina sought assistance with drafting a strategic alliance agreement to align with the covenants of an SBA loan. The client needed a contract that detailed the operational terms for a gas station and convenience store managed by a third party, ensuring they received a fixed monthly revenue while maintaining liability protections under their licenses. It was crucial that the agreement did not resemble a lease, thereby preserving compliance with loan requirements and outlining the conditions for termination in case of any violations. As a result, the client received four proposals from licensed attorneys, with flat fee bids ranging from $125 to $1,500. All proposals were submitted to meet the requested deadline of over a week, offering the client a range of options to choose from for their