SBA Standby Creditors Agreement Form 155

The SBA Standby Creditor's Agreement Form 155 is a critical document used in Small Business Administration (SBA) lending. This form outlines an agreement between a borrower, a creditor, and the SBA, ensuring that certain creditor claims are placed on standby while the SBA loan is repaid.

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This agreement helps borrowers secure the financing they need while giving the SBA assurance of payment priority. It is typically used in situations where additional creditor involvement is required during the loan process.

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