In the context of SBA lending, properly perfecting security interests in required collateral is one of the most important steps in closing an SBA loan.  For personal property…

A common issue that arises in SBA loan reviews is the improper use of proceeds for the benefit of “associates” of the borrower. SOP 50 10(8) provides that,…

For many lenders, collateral perfection remains one of the most critical — yet often misunderstood — aspects of SBA compliance. Among the collateral types that present unique challenges are…

Substitution of real estate collateral is a servicing action that SBA lenders occasionally face when a borrower requests to release existing real estate collateral in exchange for a…

Under the new SOP 50 10 8, effective June 1, 2025, the use of 7(a) loan proceeds to finance partial changes of ownership remains permissible, consistent with 13…

When Lenders are dealing with a borrower who is falling behind on payments or moving into default territory, it may be hard for a lender to determine when…