New SOP Updates on 50 10 5(I) Lender and Development Company Loan Programs
SBA Information Notice 5000-1399 announced the issuance of SOP 50 10 5(I). The new SOP replaces the current franchise review process reflecting changes to the affiliation regulations, and includes policy …
Don’t Assume Your Real Estate Collateral Complies with Applicable Zoning Ordinances
Don’t Assume Your Real Estate Collateral Complies with Applicable Zoning Ordinances Lenders should never assume that a property is in compliance with zoning restrictions because “it has been there for …
SBA Further Streamlines Recently Enacted Franchise Review Process
SBA Further Streamlines Recently Enacted Franchise Review Process Yesterday (February 14, 2017), the SBA issued SBA Policy Notice 5000-1941, which temporarily changes the franchise review process for 7(a) and 504 …