Every shift in administration brings changes to government programs, and the U.S. Small Business Administration (SBA) is no exception. This latest transition is no different, with several important…

Many SBA lenders have experienced foreclosure sales, either judicial or non-judicial, and the request to set your credit bid.  Since there are potential pitfalls during this process that…

There have been plenty of changes to SBA’s regulations over the past year, and lenders should be aware that these changes have not only been in the SOP’s.…

The U.S. Small Business Administration addresses its policies on enforcement of judgments in Chapter 22 of the SOP 50 57 3 (the “SOP”), which is titled Litigation.  In…

Following a default, Lenders often contend with questions related to whether to file suits against obligors; the need for litigation plans; when to advance expenses; and, what costs can be…

Lenders should always review SBA’s Servicing and Liquidation SOP when engaging in liquidations of SBA loans.  This article will take a high-level look at the changes incorporated into…