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Asset Sales

Written by: Start Your Business

Article Overview: The SBA’s Asset Sales Program is an initiative to sell the agency’s owned portfolio of loans and other assets. These consist of Section 7(a) and 504 guaranteed loans purchased, Section 7(a) and disaster assistance direct loans, and other liquidation assets such as collateral acquired as a result of liquidation.

Asset Sales

Asset Sales

The SBA’s Asset Sales Program is an initiative to sell the agency’s owned portfolio of loans and other assets. These consist of Section 7(a) and 504 guaranteed loans purchased, Section 7(a) and disaster assistance direct loans, and other liquidation assets such as collateral acquired as a result of liquidation.

The Asset Sales Program is a prudent portfolio tool to assist in managing the SBA's overall credit exposure. It allows the SBA to take advantage of the efficiencies of the private sector, reduce the intense resource demands of loan and owned asset servicing, and allow existing resources to be deployed in mission-critical areas necessary to achieving the SBA's vision.

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