Following a default, Lenders often contend with questions related to whether to file suits against obligors; the need for litigation plans; when to advance expenses; and, what costs can be…

In recent months, the SBA lending community has seen SBA’s lease requirements go through a series of changes, but we may end up close to where we started. …

With rising interest rates, many lenders are experiencing a rise in defaults and liquidations.  Sometimes, liquidations result in the lender having to acquire title to real property or…

As interest rates have risen, so has the possibility that borrowers will no longer be able to make regularly scheduled loan payments. In the 50 57 3 Loan…

With the U.S. Small Business Administration’s (“SBA”) release of SOP 50 10 7.1, Lenders should be pleased to see the return of some familiar provisions that were in…

Yesterday the U.S. Small Business Administration (“SBA”) released Standard Operating Procedure 50 10 7.1 (the “SOP”).  The SOP was issued in lieu of the announced but unissued Technical…