The SBA has particular requirements for environmental due diligence on "high risk" properties, which includes a Phase I ESA and sometimes additional investigation.

The Transaction Screen is another component of SBA's environmental policy, and can be a useful tool for non-SBA lenders as well.

The SBA uses an Environmental Questionnaire as the first step in screening for environmental risk, and many lenders have also adopted this approach.

Not all loans require or warrant a full Phase 1 Environmental Site Assessment. The SBA's Records Search with Risk Assessment or "RSRA" is one streamlined environmental report available to help screen high risk properties.

The SBA's SOP for environmental due diligence has been adopted by many lenders as a formal environmental policy and is a useful program to screen for environmental liability. This blog kicks off a series on the SBA's environmental policy.

As National Small Business Week Approaches, Partner prepares to help SBA lenders and CDCs understand the SBA environmental due diligence required.

Cell tower builders have unique environmental due diligence requirements that can pose a challenge during site selection.