1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - SMALL BUSINESS ADMINISTRATION
  4. Part 120 - BUSINESS LOANS
  5. Subpart D - Lenders
  6. Topic - Participating Lender Financings
  7. 13 CFR § 120.423
13 CFR § 120.423
Which 7(a) loans may a Lender securitize?
November 10, 2020
CFR

A Lender may only securitize 7(a) loans that will be fully disbursed within 90 days of the securitization's closing date. If the amount of a fully disbursed loan increases after a securitization settles, the Lender must retain the increased amount.

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§ 120.422 Are all securitizations subject to this subpart?
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§ 120.424 What are the basic conditions a Lender must meet to securitize?

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