Before, during and after the commitment phase on any loan, your client will undoubtedly have numerous questions about the process, costs, and time-frame for closing the loan. One common question…

One of the most important bankruptcy concepts that a lender needs to understand is so-called “cash collateral.” The term cash collateral has a specific meaning in bankruptcy and there are…

Nowadays we live in a fast-paced world where everyone wants everything done yesterday. There is no exception for lenders and their clients who want their loans closed as quickly as…

At a recent conference, I met several traditional lenders that expressed interest in SBA lending, but they did not know where to get started. A great place to start is…

We have written in the past about the SBA Office of Inspector General’s activities in addressing fraud, waste and abuse in the SBA and the SBA’s loan programs. One of…

When a SBA lender comes across a small business applicant whose ownership interests or assets are owned by a Trust, the first question often asked is whether the Trust or…