Great news! SBA has changed it's limit for Investor liquidity test back to 20% from 10% ownership.
April 05, 2018
by a lender in Yorba Linda, CA, USA
The SBA just released the policy notice. This is effective immediately! We will no longer need to test the liquidity of investors owning less than 20%. Please send me an e-mail if you have specific questions: redacted policy notice below:
from Xavier University in Chicago, IL, USA
from University of Toledo in Shaker Heights, OH, USA