Starfield & Smith, P.C. | Attorney Profiles
David W. Starfield
Managing Partner
David Starfield, the Managing Partner of Starfield & Smith, P.C. a law firm in Suburban Philadelphia, Pennsylvania, has been named the SBA's "Eastern PA Financial Services Champion of the Year" for 2009. He practices in the fields of banking, contracts, real estate, commercial, and corporate law. Among others, Mr. Starfield represents several business corporations, lending institutions and certified development companies, including Banco Popular North America, Bank of America, Excel National Bank, Nara Bank, PNC Bank, Sovereign Bank, Susquehanna Bank, United Central Bank, Wells Fargo SBA Lending and West Philadelphia Financial Services Institution.
Mr. Starfield has been helping lenders to document, close, service and liquidate commercial loans for more than twenty years. As an attorney for commercial lenders, Mr. Starfield documents and closes loans; performs franchise eligibility reviews; assists lenders with guarantee purchases; notifies in-house counsel of changes in banking regulations; and assists with transactions throughout the United States. As an attorney for small businesses, Mr. Starfield assists with corporate governance issues as well as with sales and acquisitions.
Mr. Starfield has participated in numerous contract seminars, including several on SBA loan documentation and guarantee purchase issues. He is a contributing writer for and a member of the Board of Directors' Executive Committee for the National Association of Government Guaranteed Lenders (NAGGL) and is a regular speaker on loan closings, documentation, franchising, guarantee purchases and legal issues associated with commercial lending. Mr. Starfield has developed the Advanced SBA Loan Documentation and Closing, Efficiency in SBA Lending and Preserving the Guaranty courses offered by NAGGL. Currently, he serves on NAGGL's Technical Issues and District III Liaison Committees.
He is a member of the bar of the Supreme Courts of the United States, Pennsylvania and New Jersey and is a member of the American Bar Association. He is also an Affiliate Member of the National Association of Development Companies (NADCO) and is a designated closing attorney under the SBA 504 Program. Mr. Starfield has consistently been listed as a "Super Lawyer" by Philadelphia Magazine.
Mr. Starfield is a graduate of the University of Southern California School of Law, Los Angeles, California where he received a Juris Doctor degree.
Send e-mail to: DStarfield@StarfieldSmith.com
Publications/Presentations:
Facilitation of General Session on Getting the SBA to Honor its Loan Guarantee with Speakers Walter Intlekofer, Terry Settle, and John Cumbey, Speaker, Closing General Session: Getting SBA to Honor Your Guarantee, NAGGL Annual Conference, 2008
Lecture concerned the eligibility of franchises for the SBA loan program, Speaker, Processing Franchise Loans, NAGGL Annual Conference, 2008
Protecting the Guaranty and the OIG’s Role in the Repurchase Process, NAGGL In Focus Newsletter, 2008
Justifying Ten Year Terms on Business Acquisition Loans Under the New SOP 50 10 (5), NAGGL In Focus Newsletter, 2008
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