Lenders financing the acquisition of real property or leasehold improvements should consider obtaining a Subordination, Non-disturbance, and Attornment Agreement (“SNDA”) when third party tenants lease a portion of the subject…

In making SBA loans, both the SBA and the lenders require that adequate collateral be provided by the borrower to secure the loan.  Security interests are obtained in the borrower’s…

SBA lenders are often overwhelmed by the myriad rules, regulations and guidelines associated with SBA lending.  However, by focusing on a handful of core concepts, Lenders can develop the tools…

Under the Change of Ownership section of SOP 50 10 5(I), when the purchase price of a business includes intangible assets in excess of $500,000.00, the borrower and/or seller must…

For those lenders who sell a portion of their SBA guaranteed loans on the secondary market, they may choose to repurchase the loans or require the SBA to purchase.  In…

Lenders participating in SBA lending programs are required to obtain evidence of hazard insurance, including flood insurance, if applicable, on any real or personal property collateral securing its loans. Most…