On May 29, 2025 the U.S. Small Business Administration (“SBA”) issued SBA Information Notice 5000-868665 and released the Standard Operating Procedure 50 10 8 with technical updates (“Updated SOP”),…
With the large volume of recorded lien (and associated) documents required to secure SBA loans, it is not uncommon for an instrument recorded in the public records to…
An SBA loan may be used to finance the start-up, purchase, or refinance of Federal Express (Fed Ex) delivery routes. This type of transaction is unique and nuanced,…
Since the SBA E-Tran Terms and Conditions no longer contains specific requirements for title insurance, lenders should use prudent lending standards and generally accepted principles of commercial lending…
SBA’s guidance on real estate appraisals depends on the type, size and use of the SBA loan proceeds. This article focuses specifically on the basic commercial real estate…
After an SBA loan has been disbursed, a Borrower may request a loan action which may require a lender to submit a servicing request to the SBA. Such…