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Updated Regular 7(A) Guaranty Purchase Tabs

The rapidly evolving environment precipitated by the coronavirus will have a wide reaching adverse economic impact on many American small businesses, as more and more business are forced to close…
  • March 25, 2020
  • Janet M. Dery

Corrie Thrasher Joins Starfield & Smith; Firm Opens Atlanta Office

Corrie Thrasher has joined Starfield & Smith as its newest Partner managing the firm’s recently opened office in Atlanta, Georgia.  In this role, Thrasher will be responsible for advising lenders…
  • March 11, 2020
  • Ethan W. Smith

Florida Documentary Stamp Tax and Nonrecurring Intangible Tax

A lender that either: (i) finances a loan in the state of Florida, whether or not the loan is secured by Florida real property; or (ii) secures an out-of-state loan…
  • March 4, 2020
  • Kristen Dickey

Proceed with Caution: How Bad Tenants and Squatters can Impact a Real Estate Acquisition Transaction

Under the SOP 50 10 5 (K), SBA loan proceeds may be used to finance the purchase of real estate as part of an eligible project such as ground-up construction…
  • February 26, 2020
  • Demetri A. Braynin

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

It seems like every time we turn on the television, we see communities across the United States devastated by storms and resulting floods. These floods destroy homes and businesses alike.…
  • February 19, 2020
  • Timothy D'Lauro

Best Practices: Post-Closing Follow Up for Commercial Construction Loans

When closing a commercial construction loan, a lender’s due diligence gathering typically does not end at the loan closing table.  Once a construction loan closes, a lender must carefully follow…
  • February 12, 2020
  • Michelle Sergent Kaas
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