13 C.F.R. § 120.423 Which 7(a) loans may a Lender securitize?
Title 13 - Business Credit and Assistance
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.
Title 13: Business Credit and Assistance
PART 120—BUSINESS LOANS
Subpart D—Lenders
§ 120.423 Which 7(a) loans may a Lender securitize?
