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Best Practices: Due Diligence in 7(a) Loans secured by Commercial Real Estate: Surveys

Borrowers undertaking a U.S. Small Business Administration (“SBA”) 7(a) loan often ask lenders whether a new survey will be required to close. This is a complex question and often, the…
  • February 8, 2023
  • Corrie Thrasher

Best Practices: Evaluating the Risk of Real Estate Encroachments

When U.S. Small Business Administration (“SBA”) loan proceeds are used to finance the acquisition of commercial real estate, a title policy is obtained to protect the interests of the bank…
  • February 1, 2023
  • Demetri A. Braynin

SBA’s Vendor/Technology Selection Requirements for Lenders Utilizing Electronic Signatures

A growing number of SBA lenders are utilizing electronic signatures on their SBA forms and documents, including loan documents, which require a signature. SBA lenders must be mindful of the…
  • January 25, 2023
  • Victor A. Diaz

Best Practices: SBA Requirements for Historic Registry Properties

Section 106 of the National Historic Preservation Act requires Federal agencies to consider whether their federally-funded projects directly or indirectly adversely impact properties and sites that are listed or eligible…
  • January 18, 2023
  • Janet M. Dery

Best Practices: Common Insurance Errors and Their Impact on the SBA Guaranty

Insurance requirements are different for every loan and are based on the type of collateral being taken, the type of business that is borrowing funds and the project for which…
  • January 11, 2023
  • Jessica L. Conn

Best Practices: The Burden of Proving Your Guaranty Purchase Case

In the American criminal justice system, defendants are afforded a presumption of innocence which is derived from the fifth and fourteenth amendments to the Constitution. This standard, which has been…
  • January 4, 2023
  • Ethan W. Smith
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