Published in NAGGL News Flash on June 7, 2019. The goal of all SBA lenders is to have the SBA honor every loan guaranty. The keys to reaching that goal…
SBA lenders are seeing more requests to finance online retail businesses which sell products either directly to consumers or through major online retail platforms, such as Amazon or Walmart. Much…
An underlying premise of the Small Business Administration (“SBA”) 7(a) loan program is to provide financing opportunities for small businesses that demonstrate repayment ability but lack adequate collateral. Overall, lenders…
Not all loan defaults result in contentious interactions between the lender and the obligors on a commercial loan. In some situations, obligors are motivated to work with the lender to…
The Small Business Administration ("SBA") is known throughout the United States as a champion of small business. In order to uphold the integrity of the program, the SBA requires that…
Guaranties are typically required on SBA loans, and while it is generally clear who must provide a full unconditional guaranty, it is more of a grey area when it comes…