Effective January 1, 2020, Florida law requires new language to be used in ALL notarial certificates for acknowledgments and jurats pursuant to House Bill 409 (“HB 409”)/Session Law Chapter 2019-71,…
The last few days before a closing can be a hectic time. Each party has its own responsibilities and everyone must make sure that there is an agreement as to…
On September 17, 2019, SBA provided an advance notice of proposed rulemaking (“ANPRM”) seeking the public’s comments to changes to the regulations governing SBA’s Export Loan Programs in an ongoing…
The Office of the Inspector General (“OIG”) established the High Risk 7(a) Loan Review Program in 2014 to minimize losses on high dollar/early-defaulted U.S. Small Business Administration (“SBA”) guaranteed 7(a)…
The importance of documenting one’s credit elsewhere (“CE”) analysis cannot be overstated. Arguably, no other provision of the Small Business Act has come under closer scrutiny. This is understandable, given…
After a loan is closed and disbursed, a Borrower may make a request or circumstances may arise which require a modification to the loan. For any commercial loan, a servicing…