13 C.F.R. § 120.423

Current through May 31, 2024

Section 120.423 - Which 7(a) loans may a Lender securitize?

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.

13 C.F.R. §120.423