"Your Lending Partner"


SBA 504 – Bank Requirements Under the Third Party Lender Agreement

by reichard on Tuesday, June 2, 2015 3:00 PM

As I’ve mentioned on several occasions, SEDA-COG, through the involvement of an SBA 504 loan in the financing of a project, works as a partner with the lead bank.  The SBA refers to the bank as the Third Party Lender.  For every SBA 504 closing, the bank is required to sign a Third Party Lender Agreement.  Today’s blog discusses some of the requirements of the bank in the Third Party Lender Agreement. - more

Third Party Lender Agreement