The Banking & Financial Services lawyers of Shapiro Sher provide experienced counsel in connection with all aspects of commercial loans. Chaired by Scott W. Foley, the Banking & Financial Services Group represents regional banks, community banks, credit unions, lending-services companies, finance companies, and other financial institutions in the Mid-Atlantic region and throughout the country. Because the group has extensive experience in the origination of loans and in workout situations, it is prepared to provide efficient representation at every stage in the commercial lending process.

Creditors' Rights & Workouts

Shapiro Sher is prepared to help when commercial loans become non-performing. On behalf of lenders, the group has handled workouts involving various types of credit facilities and collateral including asset-based financing arrangements involving loans secured by shopping centers, hotels, mixed-use properties, rental properties, apartment/condominium complexes, industrial properties, sizable tracts of raw development land, student housing projects, multi-family residential ventures, and historic properties, as well as U.S. Small Business Administration (SBA) and other government-guaranteed loans. Shapiro Sher advocates on behalf of financial institutions in connection with:

  • Commercial loan workouts and restructurings;
  • Short and long-term loan modifications and forbearance agreements;
  • Foreclosures and secured creditor sales;
  • Note sales;
  • Complying with SBA Standard Operating Procedures including protecting SBA guarantees;
  • Loan participation and other inter-creditor disputes;
  • Title insurance claims and litigation;
  • Receivership proceedings; and 
  • Lender liability and other collection matters.

Commercial Loan Transactions

Shapiro Sher facilitates commercial loan transactions for a variety of lenders and appreciates the potential hazards facing clients in the commercial loan process. Our lawyers have extensive experience protecting lenders' interests through structuring, negotiating, and documenting complex financing arrangements. 

The group represents financial institutions in a wide variety of transactions, including:

  • Real estate acquisition and development finance transactions;
  • Construction lending and project finance transactions;
  • Revolving, secured, and unsecured lines of credit;
  • Accounts receivable and fixed-asset based loans;
  • SBA 7(a) (including SBA Express and CAPLines), SBA CDC/504, and other government-guaranteed loans; and
  • Multi-creditor and multi-tiered loan transactions.