On September 14, 2018, SBA issued Information Notice 5000-18012 announcing an updated SBA Form 159 “Fee Disclosure and Compensation Agreement”. The majority of the revisions were designed to promote transparency…

That is certainly the question in SBA lending today.  SBA has long regulated the types of fees that can be charged by an SBA lender to a borrower.  Recently, SBA’s…

Over the last several years, the use of “Management Agreements” has become a much more common method by which small businesses are choosing to run their businesses. In industries as…

When SBA issued Standard Operating Procedure 50 57 (2), which became effective on December 1, 2015, the Agency included a new guideline designed to encourage SBA lenders to complete liquidation…

In the American criminal justice system, defendants are afforded a presumption of innocence which is derived from the fifth and fourteenth amendments to the Constitution.  This standard, which has been…

SBA lenders are often overwhelmed by the myriad rules, regulations and guidelines associated with SBA lending.  However, by focusing on a handful of core concepts, Lenders can develop the tools…