Selling loans on the SBA 7(a) Loan Secondary Market is a critical part of some SBA Lenders' business strategy. An important step to understanding the conditions upon which…
December is not only one of the most magical times of the year, but also typically one of the busiest times for commercial lenders. With the demands of…
An updated SBA Form 1086 - Secondary Participation Guaranty Agreement, which is used to sell the guaranteed portion of an SBA 7(a) loan in the secondary market, was…
Earlier this year the SBA Office of Credit Risk Management (“OCRM”) assumed responsibility for and rolled out a new pilot process for submission of Lender Service Provider Agreements…
On December 26, 2023 SBA issued SBA Information Notice No. 5000-852422 which announced renewals and updates to certain SBA Forms. The most significant change is the issuance of…
Over the past few weeks we have discussed many of the changes in the SOP 50 10 (7). Now that it is in effect, and as we wait…