Entreprise · 29/11/19961 min de lecture
Business Loan Policy; Sale of Unguaranteed Portion of Loan
Traduction automatique locale · Langue originale de la source
Résumé
Pursuant to Section 7(a) of the Small Business Act (Act) 15 U.S.C. 636(a), the Small Business Administration (SBA) guarantees up to 90 percent of certain loans made by banks or other lending institutions. We are soliciting comments on how to proceed with a proposed rule which would permit participating lenders to transfer, under specific conditions, the unguaranteed portions of these loans.