Lenders participating in the U.S. Small Business Administration lending programs often encounter borrowers who are unrepresented by legal counsel for the loan transaction. As a result, borrowers try to rely…
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…
That is certainly the question in SBA lending today. SBA has long regulated the types of fees that can be charged by an SBA lender to a borrower. Recently, SBA’s…
When a small business owner looks to sell his or her business, the asking price generally includes not only the financial value and market benefits of the business but also…
Fraud has been popping up more and more frequently in SBA lending – from fraud in the underwriting of a loan, to fraud during the loan closing, to fraud occurring…
UPDATE:Â This article has been revised to reflect clarification provided by SBA on determining whether a minimum equity injection is required for a partner buyout. On April 3, 2018 SBA…