by Steve Mariani | Apr 9, 2014 | Uncategorized
SBA Tip # 8 The 90% Rule (as we like to call it) By Stephen Mariani If you have been following the SOP rule changes over the last few years you may have noticed this added: The SOP Adds language similar to that found in the appraisal section describing...
by Steve Mariani | Mar 16, 2014 | Uncategorized
SBA Tip # 7 The “Liquidated Collateral Rules” and how they affect your loan request By Stephen Mariani If you have been following the rule changes and tips each month you will remember that last month we talked about securing borrowers collateral when...
by Steve Mariani | Feb 19, 2014 | Uncategorized
SBA Tip # 6 The SBA lender “MUST” secure all available collateral up to fully secured. By Stephen Mariani Actual SOP writing prior to January, 2014. This typically included all properties own by the borrower, all stocks and bonds along with life insurance cash...
by Steve Mariani | Jan 24, 2014 | Uncategorized
SBA Tip # 5 How some “rental income” can help your deal! By Stephen Mariani With most of the businesses we see these days having tighter cash flow in some previous years this is one of the ways we push them to the finish line. If they are including the CRE...
by Steve Mariani | Dec 6, 2013 | Uncategorized
SBA Tip # 4 How to Protect Investors/Partners By Stephen Mariani When the buyer needs additional down payment monies and brings in a partner, there are ways to protect them. The SBA requires any borrower (or owner in the new corp.) with a 20% or more ownership...
by Steve Mariani | Nov 6, 2013 | Uncategorized
SBA Tip # 3 Seller must be gone within 12 months By Stephen Mariani This rule comes up many times during the acquisition process and MUST be addressed prior to the loan submission to any lender. The actual rule states: The seller may not remain as an...
