News By Tag
News By Location
Coleman Publishing helps lenders understand the SBA’s new SOP 50 53
SBA puts into effect latest SOPs related to lender oversight, supervision and enforcment action.
In a November 3rd Coleman Webinar, SBA regulatory expert, Ethan Smith, will boil down the main points of SOP 50 53 and supplemental 51 00 in an easy to understand presentation and will be available for back and forth dialogue with any questions. “A thorough understanding and consistent application of all applicable SBA related laws and regulations is critical for lenders, not just to preserve and protect the SBA guaranty, but also to maintain a lender’s good standing with the SBA”, contends Smith.
Ethan Smith, Esq. is Founding Partner of Starfield & Smith, P.C. As a closing attorney for commercial lenders, Ethan prepares and reviews loan files for conventional, SBA 7(a) and 504, and USDA B&I loans, confers with loan processors and in-house counsel, and drafts, analyzes and negotiates loan documents. He has closed hundreds of government guaranteed commercial loans through the SBA 7(a) and 504 loan programs, through the USDA B&I program, and has closed numerous conventional commercial financing transactions, including asset-based, real estate, and factoring arrangements.
For further information contact Deborah Weirick at email@example.com.
P.O. Box 546
La Canada Flintridge
# # #
Coleman Publishing is an online media company covering the small business banking industry. The founder, Bob Coleman, is the national expert in small business lending.
Coleman Publishing is your source for the latest news in small business lending.