As part of its overall goal of increased oversight and enhanced performance of its portfolio, the SBA has tweaked its flagship 7(a) lending program. In an effort to encourage borrowers…
A large number of business owners who seek financing under the SBA 7(a) Loan Program operate from leased locations, be it stand-alone buildings, shopping centers or commercial office parks. In…
In an effort promote stronger businesses and agricultural economies in rural America, the Administration recently introduced a series of new initiatives. In April, the U.S. Department of Agriculture (USDA) and…
A series of recent SBA financed real estate transactions handled by our firm highlighted the importance of identifying title issues early in the closing process. It is imperative lenders examine…
Recently, we have been asked if equity injection from an applicant’s corporate affiliate can come in the form of a gift. The short answer is no. In addition to income…
Newly promulgated regulatory changes to the Eligible Passive Rule (“EPC/OC Rule”) took effect on September 20, 2017. Among them was a rather simple and welcomed change, allowing the use of…