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 found in Information Notice 5000-18012.

WBD has developed a new “Pro Tip” with lots of helpful information on the new Form 159, which you can view by clicking below!

Click here for the full WBD SBA Pro Tip on the New SBA Form 159!