John Scheid and Ryan Shupe Help Not-For-Profit Healthcare Client Obtain Secured Financing
Pretzel & Stouffer attorneys, John Scheid and Ryan Shupe, recently assisted a not-for-profit corporate client in the healthcare industry to obtain more than $20 million in secured financing for its acquisition of several subsidiary businesses. This financing deal involved in-depth analysis, drafting, and negotiation of numerous loan, security, and guaranty agreements and other supporting documentation on a strict timeline. John and Ryan worked diligently with their client, the attorneys for the bank, and several third-party entities to secure the necessary financing at terms that advanced the client’s short and long-term interests. John’s and Ryan’s efforts allowed the client to obtain the capital it needed to expand its business and advance its philanthropic mission in the greater Chicago community.