SBA SOP 50 10 8.1, App19.B.6 — Export Express Loans

SOP 50 10 8.1 App19.B.6

Effective 2026-10-01 · publisher's stamp for this provision

6. Export Express Loans a. All General Requirements in this Appendix apply to Export Express Loans except as modified below. b. For Export Express Loans of $50,000 or less, collateral is not required. c. For Export Express Loans greater than $50,000, the Lender must follow its own written collateral policies and procedures for similarly sized, non-SBA guaranteed commercial loans, except as otherwise required for standby letters of credit or other Export Express specific structures. i. For commercial real estate securing an Export Express Loan: a) A loan greater than $500,000 requires an appraisal under paragraph A., g. b) For a loan of $500,000 or less, an appraisal under paragraph A., g. is required when the transaction involves related parties or SBA or the Lender concludes that an appraisal is necessary to evaluate creditworthiness. c) If an appraisal is not required, the lender must obtain an appropriate evaluation of the commercial real estate securing the loan that is consistent with safe and sound banking practices. Evaluations are not required to be performed in accordance with USPAP or by State licensed or certified appraisers but should be consistent with the Interagency Guidance Appraisal and Evaluation Guidelines and the Interagency Advisory on the Use of Evaluations in Real Estate-Related Financial Transactions, issued by the Federal Banking Regulators.

Source: SBA SOP 50 10 8.1, App19.B.6 — Export Express Loans · source URL · snapshot 0fb0c4692cf52938