The US Small Business Administration guaranteed loan program requires some level of environmental review for all loans. This ranges from a simple Environmental Questionnaire to a full ASTM Phase 1 Environmental Site Assessment. The specific requirements will be dependent on the current and past uses of the property and the loan value.
One of the most requested services Caltha LLP provides to SBA Lenders is a “Record Search With Risk Assessment” or RSRA Report. Caltha prepares hundreds of RSRA report for banks and other lending institutions across the country that participate in the SBA guaranteed loan program.
Typical turn-around time: 3-5 business days
Format: Electronic report in PDF format
Geographic Coverage: Any property located in US
To request a quote to prepare an RSRA report, fill out the quote request form. You will receive a quote by email the same day, then you can authorize the work by email.