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Navigating the New Playbook for SBA 504 Loans
Day Pitney Counsel Casey Sieck recently authored an article for Law360 titled, “Navigating the New Playbook for SBA 504 Loans,” where she examined how new U.S. Small Business Administration (SBA) underwriting rules and a significant federal court decision are reshaping the landscape for both loan origination and default management strategies.
In the piece, Sieck explains that tighter credit standards and the heightened role of judicial foreclosure and redemption rights are giving the SBA greater leverage in workouts and restructures. She concludes that adopting a coordinated national framework could turn these shifts into an opportunity to safeguard small businesses, protect recoveries, and strengthen long-term economic stability.