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…
SOP 50 10 5(J), Subpart B, Chapter 4 provides the following: When a substantial portion of the loan proceeds are to be used for leasehold improvements or a substantial portion…
SBA loan proceeds are frequently used to finance change of ownership transactions. Such change of ownership can be accomplished through either a stock purchase (or redemption) or through a purchase…