Environmental due diligence is a critical component of the commercial lending process. Although often obscured among the profusion of punch-list tasks required to move a deal […]
The Small Business Administration (SBA) recently released an update to its Standard Operating Procedure (SOP 50 10 5 (J)), affecting all CDC/504 and 7(a) commercial loans. […]
We work with lenders and borrowers nationwide and historically, environmental due diligence consisted of Phase I ESAs for most transactions/loans and Transaction Screen Assessments (TSAs) for […]