Financing GPUs means a lender or lessor taking a security interest in hardware that sits in someone else's data center and earns revenue under customer contracts. We negotiate term sheets and the loan, lease and security documents so the collateral package works with how your business actually runs. That includes UCC Article 9 filings, landlord and colocation access, and how customer contracts fit into the deal.
At a glance
- Practice
- AI Infrastructure
- Pricing
- Flat fee, quoted before we start
- Included
- 6 deliverables
- Process
- 3 steps, one named attorney
- Where we work
- Slack, email or a call
When founders call us
The moments that usually bring a company to us for this work.
- 01
A lender sent a term sheet for a GPU-backed loan and you want to understand the covenants before signing.
- 02
You are choosing between buying GPUs with debt and leasing them, and need to know what each means legally.
- 03
Your lender wants a security interest in your customer contracts as well as the hardware.
- 04
The colocation provider has to sign a collateral access agreement and is pushing back on the lender's terms.
What you get
Scoped in writing before we start. One flat fee for all of it.
- Term sheet review and negotiation of economics-adjacent legal terms, covenants and default triggers
- Loan agreement or equipment lease review and negotiation
- Security agreement and UCC Article 9 collateral description, filings and perfection checklist
- Collateral access or landlord waiver agreements with data center and colocation providers
- Review of how customer contracts, receivables and any assignment of contracts are treated
- Closing checklist and coordination with lender counsel
How it works
- 1
Read the term sheet
We explain what each term means operationally and which ones to push on before you sign.
- 2
Negotiate the documents
We review and negotiate the credit, lease and security documents against your business model.
- 3
Close cleanly
We manage the closing checklist, third-party consents and filings so funds move on schedule.
Mistakes we help you avoid
The ones we see most often, and catch before they cost you.
- Avoided
Agreeing to an all-assets lien when the financing was meant to cover only specific GPUs.
- Avoided
Covenants that limit how you contract with customers or move hardware between sites.
- Avoided
Missing that your colocation agreement restricts liens or lender access to the equipment.
- Avoided
Treating a lease as a true lease when its terms make it a disguised security interest under the UCC, or the reverse.
GPU Financing: questions founders ask
Most structures are either an equipment loan secured by the GPUs or a lease where the lessor owns the hardware. Lenders often also look at your customer contracts, since those generate the cash to repay. The documents typically include a credit or lease agreement, a security agreement and third-party agreements with your data center.
It is the lender's legal claim on the GPUs as collateral, created by a security agreement and generally perfected by filing a UCC-1 financing statement. Perfection determines the lender's priority against other creditors. The collateral description matters, because it defines exactly what the lender can take.
It depends on your cash position, how long you expect the hardware to be useful, tax considerations and whether you want ownership at the end. Leases and loans also differ in accounting treatment and in what happens on default. We explain the legal side and coordinate with your accountants on the rest.
Because the lender needs a way to reach the collateral if you default, and the hardware is on the provider's premises. A collateral access agreement sets the terms for that access and limits the provider's own claims on the equipment. Providers often have their own form, which needs to be reconciled with the lender's.
Get a flat-fee quote for GPU Financing.
A short call with an attorney. You leave with a written scope and one fixed price.
Book a call