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Federal regulations · Through 2026-08-25 · Newer source version available

13 CFR 120.423: Which 7(a) loans may a Lender securitize?

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Where this section sits in the code
  1. Title 13—Business Credit and Assistance
  2. CHAPTER I—SMALL BUSINESS ADMINISTRATION
  3. PART 120—BUSINESS LOANS
  4. Subpart D—Lenders

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.

Collected 2026-08-27T02:24:18Z. Source file · JSON

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