13 CFR § 120.423 Business Loans

§ 120.423 Which 7(a) loans may a Lender securitize?

Current through Sep 29, 2026 · Read all of Part 120

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.

← § 120.422 Are all securitizations subject to this subpart?§ 120.424 What are the basic conditions a Lender must meet to securitize? →