When an SBA loan involves real estate, construction, renovations, or tenant improvements, mechanics’ liens should be a key consideration for SBA lenders. Although mechanics’ liens are generally governed…

Obtaining a judgment against a borrower or guarantor is an important step in recovering an SBA 7(a) loan, but the battle is not over. A judgment gives the…

Effective May 1, 2026, the U.S. Small Business Administration (SBA) expanded access to its 7(a) International Trade Loan (ITL) Program by broadening eligibility for certain domestic manufacturers and…

Per SBA Information Notice 5000-866746 effective April 21, 2025, SBA set forth the process for reinstituting the SBA Franchise Directory (“Directory”) and the steps franchisors must take to…

Referral Agents can be a valuable resource for Lenders looking to identify qualified small business applicants for SBA financing (each an “Applicant”). However, the rules governing a Referral…

Trusts are a regular feature in SBA loan structures, particularly where ownership, real estate, or estate planning considerations intersect. For lenders, that means trust documentation should never be…