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Best Practices: The Art of the Credit Bid

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…
  • November 19, 2024
  • Lyndsay Rowland

Best Practices: A General Guide to Ordering Public Records Searches

Failure to perfect and maintain liens in the proper lien position against collateral is consistently one of the top reasons for repairs of the SBA Guaranty.  Therefore, an…
  • November 12, 2024
  • Katie O'Brien

Best Practices: Refresher on International Trade Loans Under SOP 50 10 7.1

A borrower located in the United States that is engaged in international business operations may qualify for an International Trade Loan.  An International Trade Loan can be used…
  • November 5, 2024
  • Michelle Sergent Kaas

Best Practices: Changes to Lender Responsibilities in SOP 50 57 3.1

On August 1, 2023, the SOP 50 57 3, 7(a) Loan Servicing and Liquidation became effective. SBA has published an update, SOP 50 57 3.1, which has been…
  • October 29, 2024
  • Timothy D'Lauro

Best Practices: Securing Liens on Intellectual Property Collateral

In today’s technological world many small businesses seek to protect their intangible creations, often referred to as intellectual property, by obtaining registered copyrights, trademarks and patents on these…
  • October 22, 2024
  • Katherine D. Tohanczyn

Best Practices: Considerations When Financing an Urgent Care

Urgent care centers are on the rise in the U.S. due to high costs of emergency room visits, long wait times for primary care doctors, and growing consumer…
  • October 15, 2024
  • Michael Zidansek
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