Form 1086 has been updated to include clarifications to prevailing program rules along with additional lender certifications. In a program notice to SBA employees and SBA Lenders, the SBA updated Form 1086, Secondary Participation Guaranty Agreement (Form 1086) that is used in the 7(a) loan program … [Read more...] about 2.4.11: SBA Removes Warranty Period for Loans Sold at a Premium in the Secondary Market
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