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IN RESPONSE TO A RECENT LAWSUIT, SBA IS NOW CURRENTLY REQUIRING ADDITIONAL ENVIRONMENTAL REVIEW ON LOANS INVOLVING ANIMAL FEEDLOTS In response to a recent lawsuit that was filed against SBA […]

FIND OUT WHAT INFORMATION IS REQUIRED In response to a recent lawsuit that was filed against SBA with regard to a feedlot loan, SBA is currently requiring additional environmental review […]

EFFECTIVE MAY 1, 2015 The SBA recently released further updates to its Standard Operating Procedures [SOP 5010 5(H)] with the intent to streamline and better manage risk in lending processes. Some of these changes […]

MULTIFAMILY LENDERS ARE BIG BUSINESS FOR FREDDIE MAC. For multifamily lenders, small loans are big business. Small loans are estimated to make up almost 30% of the multifamily market. In […]

PARTNER’S LANCE COLLINS DISCUSSES HOW TO USE THIS LEED OPTION TO QUALIFY FOR FUNDING Recent changes to the US Small Business Administration (SBA) 504 Loan Program have brought new attention […]

A RELIANCE LETTER IS COMMONLY USED AND A RELATIVELY SIMPLE TOOL IN DUE DILIGENCE As part of the Small Business Administration’s environmental policy, there are certain types of due diligence products […]

THE SBA HAS PARTICULAR REQUIREMENTS FOR ENVIRONMENTAL DUE DILIGENCE ON “HIGH RISK” PROPERTIES The Small Business Administration’s environmental policy (SOP 50 10 5) has particular requirements regarding environmental due diligence […]

NJBIZ REPORTED LAST WEEK THAT SBA LOAN VOLUME IN NEW JERSEY SURGED 23% IN Q4 2012. NJBIZ reported last week that SBA loan volume in New Jersey surged 23% in […]

THE TRANSACTION SCREEN IS ANOTHER COMPONENT OF SBA’S ENVIRONMENTAL POLICY… …, and can be a useful tool for non-SBA lenders as well. One of the tools utilized by the Small Business […]