Tag: SBA Form 159

Fall 2018 WBD SBA Pro Tip!

The U.S. Small Business Administration (SBA) recently announced the publication of a revised SBA Form 159, “Fee Disclosure and Compensation Agreement.” SBA Lenders must use the new Form 159 for all applications dated on/after November 1, 2018 regardless of whether those applications are processed under Delegated or Non-delegated methods. An explanation to the changes to the update Form may be…