13 C.F.R. § 120.314

Current through September 30, 2024

Section 120.314 - Resolving doubts about creditworthiness

For the purpose of the DAL Program, SBA shall resolve doubts concerning the creditworthiness of an applicant in favor of the applicant. However, the applicant must present satisfactory evidence of repayment ability. Personal guarantees of Associates are not required for purposes of DAL-1 financial assistance.

13 C.F.R. §120.314