Friedman Schuman maintains one of the most prominent and experienced financial services practices in the Philadelphia area. For over forty years, our attorneys have represented a wide range of financial institutions-- from national and regional banks-- to financial services companies, and other lending organizations. Our comprehensive understanding of this industry enables Friedman Schuman attorneys to strategically advise and assist financial institutions through times of instability and an ever-changing regulatory landscape.
A substantial portion of our practice is dedicated to representing lenders in all aspects of negotiating, documenting and closing a variety of secured and unsecured credit facilities. Over the years, our attorneys have structured and documented real estate transactions, SBA loans, mezzanine debt offerings, and various other commercial, industrial, and asset-based lending transactions in excess of one billion dollars.
We pride ourselves on our hands-on approach to the unique and considerable needs of financial services institutions and on our thorough understanding of both the law and market conditions our clients face. When needed, we are able to draw upon the considerable expertise of lawyers from our real estate, creditors' rights and litigation practice groups to further assist our banking clients.
Smart. Focused. Effective. This is the standard we hold ourselves to every day.
Areas of Focus:
- Commercial Financing
- Industrial Development Authority (IDA) - Financing
- Tax-Free Financing
- Real Estate and Construction Lending
- Asset Based Lending
- Mezzanine Financing
- Second Lien Financing
- Inter-creditor Agreements
- As lender's counsel, structured, drafted, and closed a complex $18 million tax-free construction to permanent loan transaction for a not-for-profit entity.
- Served as lender's counsel for over $100 million in asset-based credit facilities secured by real estate and other collateral in multiple jurisdictions.
- Represented lender in all aspects of foreclosure, bankruptcy, and possession of $15 million in commercial property.