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Best Practices : Why Lenders Should Consider Buying Back SBA Loans From The Secondary Market

For those lenders who sell a portion of their SBA guaranteed loans on the secondary market, they may choose to repurchase the loans or require the SBA to purchase.  In…
  • January 25, 2017
  • Lyndsay Rowland

Best Practices: “Other” Business Insurance

Lenders participating in SBA lending programs are required to obtain evidence of hazard insurance, including flood insurance, if applicable, on any real or personal property collateral securing its loans. Most…
  • January 18, 2017
  • Jennifer E. Borra

Best Practices: SBA Fine-tunes 504 Debt Refi Requirements

Among a handful of changes recently announced by the SBA to the 504 Debt Refinancing Program is one allowing a Borrower’s debt to be refinanced despite a recent change of…
  • January 11, 2017
  • Victor A. Diaz

Best Practices: Importance of Ensuring a Borrower Avoids Bulk Sales and Successor Tax Liability in the Sale of Business Assets

Generally, the purchaser of a business is not liable for a seller’s unpaid taxes unless the purchaser agrees to assume them. However, most states have adopted laws that create a…
  • January 4, 2017
  • Katherine D. Tohanczyn
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