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FROM REBECCA @ JRB … ROOM AT THE INN? THE SCOOP ON HOTEL/MOTEL PURCHASES

This issue has come up during recent client loan reviews. So it’s worth addressing here. We often see hotel/motel acquisitions treated as commercial real estate purchase transactions. Yet SBA considers them business acquisitions with real estate and business personal property as collateral when lenders are considering financing the purchases with [...]

FROM REBECCA @ JRB … KEEPING INFORMED: STAY UP ON SBA FORMS

With a new SOP around the corner, we’ve heard rumblings about changes to the SBA forms we all use. We’ve also learned that OCRM is performing targeted reviews of Form 159 with some lenders. In that light, we’re sharing our thoughts and findings about SBA forms. It may seem elementary [...]

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