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Best Practices: A Suggestion to Reduce Lender Responsibility for Borrower or Loan Agent Fraud

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…
  • August 3, 2016
  • Norman E. Greenspan

Best Practices: Trusts in SBA Lending

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…
  • July 27, 2016
  • Kimberly A. Rayer

Best Practices: Flood Insurance Requirements under 50 10 5 (H)

As we’ve seen over and over the last few years, communities across the United States have been devastated by storms and resulting floods that have destroyed homes and businesses alike.…
  • July 20, 2016
  • Timothy D'Lauro

Best Practices: What Lenders Need To Know About Lender Service Providers

According to 13 CFR §103.1(d)), a Lender Service Provider is “an Agent who carries out lender functions in originating, disbursing, servicing, or liquidating a specific SBA business loan or loan…
  • July 13, 2016
  • Janet M. Dery

SBA’s Final Rule: Changes to Affiliation Regulations

On June 27, 2016, SBA issued a Final Rule on regulations related to affiliation analysis. This rule will be effective as of July 27, 2016. As was true for the…
  • July 6, 2016
  • Jessica L. Conn

Best Practices: Permanent 504 Refinancing Program

The long awaited 504 Debt Refinancing Program launched on June 24, 2016, after expiration of the comment period for the interim final rule published in the Federal Register on May…
  • June 29, 2016
  • Victor A. Diaz
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