December 8, 2011

Firm News for December 2011: Ethan Smith to Participate in SBA Guaranty Purchase Workshop

The workshop will cover the following SBA loan guaranty purchase related topics:

• The specific steps you must follow to work out all SBA loans
• The key dates that you must adhere to protect the guaranty
• What to do when SBA does not respond to your queries
• When you must ask SBA’s permission
• When you must notify SBA
• What to do when SBA turns down your request
• Where to find an ombudsman to help you navigate SBA’s bureaucracy
• What to do if you hold the first lien position ahead of an SBA 504 debenture
• What are the implications of an SBA 504 loan “Right of Redemption”
• How SBA evaluates settlement offers and what to look for in for a settlement offer

If you want to know the answers to these questions, please join Ethan in this informative workshop.