Optimism among small business owners = increased SBA
lending:
http://www.cnbc.com/id/45827467/
August Mack has extensive experience in conducting environmental
assessments in accordance with SBA Standard operating procedures.
From a Records Search with Risk Assessment (RSRA), to a Phase I
Environmental Site Assessment, and all the way through a Phase 2
Investigation, we can help ensure a smooth environmental process
for your SBA backed loans.
A Flow Chart for the Steps of a SBA Environmental Investigation
Confused myself (and I do this for a living), I ran across a great flow chart from Environmental Data Resources (EDR) that helps us all break down the minimum steps for environmental investigations of...Read More »
NEW SBA POLICY - Effective October 3, 2011
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New SBA Environmental Policy in Effect Today, Banks Vow to Increase Small Business Lending Author: Dianne P. Crocker (dcrocker@edrnet.com) |
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SBA Launches Temporary Program for Commercial Real Estate Refinancing
Small businesses facing maturity of commercial mortgages or balloon payments before Dec. 31, 2012, may be able to refinance their mortgage debt with a 504 loan from the U.S. Small Business Administration under a new, temporary program has announced The new refinancing loan is structured like SBA’s traditional 504, with borrowers committing at least 10 percent equity and working with third-party lending institutions and SBA-approved Certified Development Companies in the standard 50 percent/40...
Read More »SBA Revises Environmental Guidelines, Effective Thursday, October 1, 2009
I received a notice from environmental data resources (EDR - www.edrnet.com) that on September 3, EDR received an early notification from the U.S. Small Business Administration of upcoming changes to its environmental policies and procedures under SOP 50 10 5(B), Lender and Development Company Loan Programs, effective October 1, 2009. The key changes made to the environmental policies for lenders and Certified Development Companies to participate in SBA lending programs include:
- Clarification...