When Lenders are dealing with a borrower who is falling behind on payments or moving into default territory, it may be hard for a lender to determine when…
It is well established that the Small Business Administration (SBA) currently requires lenders to conduct a site visit when a loan is in default. However, lenders often have…
When liquidating business assets, lenders must be sure to follow the guidance outlined in Article 9 of the Uniform Commercial Code ("UCC"). This article provides a refresher on UCC sales…