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About Janet M. Dery

Best Practices: Collateral Adequacy Analysis For 504 Loans Under SOP 50 10 8.1

Certified Development Companies (“CDCs”) have many responsibilities when analyzing real property collateral for a potential 504 loan and the SBA has now added a new requirement to the…
  • September 23, 2026
  • Janet M. Dery

Best Practices: Cell Tower Lease Considerations

No matter where you drive today, you are likely to see a cell tower rising above the landscape, sometimes disguised to resemble the surrounding trees. Cell towers have…
  • June 24, 2026
  • Janet M. Dery

Best Practices: Calculating Maryland Recording Taxes

When underwriting or discussing a loan where Maryland real property is collateral, a lender must take recording fees and taxes that will be incurred to record the appropriate…
  • March 11, 2026
  • Janet M. Dery

Best Practices: When Is Debt Current and Eligible for Refinancing?

Under 13 CFR §§ 120.140(j)(1) and 120.201 SBA-guaranteed loan proceeds may not be used to pay a creditor in a position to sustain a loss and the debt…
  • November 19, 2025
  • Janet M. Dery

Best Practices: Clarifying Eligibility for Leased Spaces

With the issuance of SOP 50 10 8 and the changes it brought to SBA lending, now is a good time to review your internal policies to ensure…
  • July 22, 2025
  • Janet M. Dery

Best Practices: SBA Continues To Make Progress On Addressing COVID-19 Fraud Recommendations

While the SBA’s current focus is adjusting to a new administration and protecting the zero-subsidy status of the program through the adjustments to the 7(a) Lender’s Annual Service…
  • April 1, 2025
  • Janet M. Dery
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