…, and can be a useful tool for non-SBA lenders as well. One of the tools utilized by the Small Business Administration’s environmental policy is the Transaction Screen Assessment, which is essentially a scaled down version of the Phase 1 Environmental Site Assessment. The Transaction Screen includes a site visit, regulatory records review, key personnel interviews, and limited environmental research.
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October 24, 2023
The New SBA SOPs 50 10 7 and 7.1: Environmental Policy Updates On May 10, 2023, the U.S. Small Business Administration (SBA) issued the newest Standard Operating Procedure (SOP) 50 […]
October 19, 2020
SBA Crash Course – Topic 6: Reliance Letters As part of the U.S. Small Business Administration’s environmental policy, reliance letters, along with certificates of insurance are required for Transaction Screen Assessments (TSAs), Phase […]
October 19, 2020
SBA Crash Course – Topic 1: The SBA SOP and Why You Should Care We first brought you our first SBA series in 2012; however, as eight years have passed, […]
