CFR 13-123.6-2014 Business credit and assistance. Part123:Disaster loan program. SubpartA:Overview. Section123.6:What does SBA look for when considering a disaster loan applicant?
There must be reasonable assurance that you can repay your loan based on SBA's analysis of your credit or your personal or business cash flow, and you must also have satisfactory character. SBA will not make a loan to you if repayment depends upon the sale of collateral through foreclosure or any other disposition of assets owned by you.
CFR 13-123.6-2014 history
2014CFR 13-123.6-2014 Business credit and assistance. Part123:Disaster loan program. SubpartA:Overview. Section123.6:What does SBA look for when considering a disaster loan applicant?