Category Archives: News-Information

CDC NEW ENGLAND OFFERS New SBA 504 Refinancing Program To Benefit Small Businesses and Banks

Recent revisions to the Small Business Administration’s (SBA) 504 refinancing program create a unique and time-driven opportunity to bring a … Continue reading

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SBA Helping Owners Tap Their Real Estate Loans for Equity

From Coleman SBA Lender Daily Business owners may be overlooking a SBA program that helps them refinance commercial loans to … Continue reading

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Defining Business Affiliations

SBA requires the lender to provide certain information on applicant business’s affiliates both for credit underwriting purposes and for SBA … Continue reading

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NEW SOP INSURANCE REQUIREMENTS

SOP 50 10 5(D), which became effective on October 1, 2011, made several changes to the SBA’s life insurance and … Continue reading

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Best Practices: Commercial Real Estate Appraisal Requirements

By Kimberlee S. Knopf, Esq. As part of the underwriting process for most SBA loans, lenders are required to obtain … Continue reading

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BANCO POPULAR DID NOT ADEQUATELY ASSESS BORROWER REPAYMENT ABILITY WHEN ORIGINATING HUNTINGTON LEARNING CENTER FRANCHISE LOANS

This is an excerpt from the full brief.  Please find the full brief at:  http://www.sba.gov/sites/default/files/Audit%20Report%2011-16.pdf RESUL TS IN BRIEF Banco … Continue reading

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SBA Loan Agent/Broker Fraud: Let’s Talk About It

If you attended NAGGL’s Spring Lending Technical Conference, you got the latest low-down on the increasing incidence of loan agent … Continue reading

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FDIC Insights

FDIC Supervisory Insights

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The Mystery behind 504 Debenture Rates

If another CDC is quoting your borrower a Debenture Rate, you are not getting real deal. There are 3 rates … Continue reading

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Make Small Business Legislation Work on Main Street

Congress should try to fix the problems that most small business owners face today, not just those issues that matter to a few Continue reading

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