Post-Default Environmental Risk Management for SBA Lenders
Jimerson Firm
FEBRUARY 2, 2021
Environmental Investigations are required, for example, before a lender or CDC can acquire the title to commercial real property collateral by purchasing it at a foreclosure sale or accepting a deed-in-lieu of foreclosure, or taking over the operation of a borrower’s business that uses a hazardous substance. What Are Environmental Risks?
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