Examples of Lender Service Provider in a sentence
Violating materially the terms of any compensation agreement or Lender Service Provider agreement provided for in § 103.5.
Applications submitted on behalf of a credit union by a Credit Union Service Organization (CUSO) or Lender Service Provider (LSP) are unacceptable.
Charging or proposing to charge any fee that does not bear a necessary and reasonable relationship to the services actually rendered or expenses actually incurred in connection with a matter before SBA or which is materi- ally inconsistent with the provisions of an applicable compensation agreement or Lender Service Provider agreement.
Any Applicant, Agent, or Pack- ager must execute and provide to SBA a compensation agreement, and any Lender Service Provider must execute and provide to SBA a Lender Service Provider agreement.
Acting as both a Lender Service Provider or Referral Agent and a Pack- ager for an Applicant on the same SBA business loan and receiving compensa- tion for such activity from both the Applicant and lender.
SBA pro- vides the form of compensation agree- ment and a suggested form of Lender Service Provider agreement to be used by Agents.
Each Lender Service Provider must enter into a written agreement with each lender for whom it acts in that capacity.
Applications submitted on behalf of a credit union by a Credit Union Service Organization (CUSO) or Lender Service Provider (LSP) are not acceptable.
For pur- poses of Subpart I, Other Person means a Management Official, attorney, ac- countant, appraiser, Lender Service Provider or other individual involved in the SBA Supervised Lender’s oper- ations.
SBA‟s regulations at 13 CFR 103.5 require each Lender Service Provider (LSP) to enter into a written agreement with each lender for whom it acts in that capacity.