Please click on the link below to view the Powerpoint presentation prepared by Mitchell C. Fogel for a recent Webinar he did with Coleman Publishing that presented 5 Tips to Accelerate the Liquidation of the 1st Loan in an SBA 504 Loan. This Webinar provided tips and suggestions on how the Third Party Lender, a […]
Read More5 Tips to Accelerate the Liquidation of the 1st Loan in an SBA 504 Loan
Due Diligence Tips for SBA Lenders: 504 Loans
Due diligence requirements and efforts on SBA 504 loans are similar to those used when financing SBA 7(a) and non-SBA commercial loans. For example, prior to the closing, among other matters, the Lender must ensure that all required insurance is in place; the borrowing and, if applicable, guarantying entities are all properly organized; and that […]
Read MoreThe Top Ten Things a Lender’s Counsel Thinks About Regarding a Commercial Real Estate Transaction
(or Insights for the Broker in Getting the Deal Closed) In today’s competitive environment, having information and knowledge may often mean having a tremendous advantage over the competition, the difference in closing a transaction quickly, or even closing it at all. If the idea is to be as prepared as one can, thus making the […]
Read MoreRecent Changes in the SBA 504 Debt Refinance Program
On October 12, 2011, the SBA published its final regulations for the 504 temporary debt refinancing program. These final regulations incorporate a number of very important modifications. Those involved in the industry believe that these changes will make the program much more accessible for small businesses and also more attractive for participating lenders. The major […]
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