The importance of a landlord waiver in a liquidation situation cannot be understated. Often, a landlord waiver agreement is viewed as just another document to collect in order to close…
Prudent SBA lenders should be familiar with estoppel certificates and the circumstances when an estoppel certificate may be required or used to obtain factual information it can rely on prior…
During the current economic climate, many SBA borrowers have chosen to structure their business acquisition deals as an asset purchase rather than a stock purchase. The primary motive cited by…
Prudent SBA 7(a) lenders typically perform lien / UCC / judgment searches on sellers when there is a commercial real estate acquisition or a change in the ownership of a…
On January 11, 2022, during the most recent SBA 7(a) Connect Quarterly Update, the Office of Credit Risk Management (OCRM) highlighted issues in all stages of the life of a…
SBA lending, with its myriad rules, regulations and ever-changing guidelines, has always been a challenge for compliance-minded lenders. One of the most difficult SBA topics for lenders to deal with…