Category: Articles

LCS Welcomes Keith Spolan as Senior Vice President of Environmental Due Diligence Bringing 28 years of environmental, engineering, and consulting experience to the LCS team. Lender Consulting Services is pleased to welcome Keith Spolan as

PFAS CERCLA Ruling: The Forever Chemical Question Just Got a Permanent Answer What the D.C. Circuit’s August 18 PFAS ruling means for lenders, credit teams, and CRE counsel   For two years, a lot of

Quick answer: On May 18, 2026, the SBA doubled the cumulative 7(a) and 504 loan limit from $5 million  to $10 million, effective July 4, 2026.  Qualified borrowers who secure a 7(a) loan first can access up to $5 million through the 7(a) program and up to $5 million through  the 504 program—for a combined total of $10 million. The change is expected to increase deal sizes, and the corresponding due diligence requirements, across construction, manufacturing, energy, food production, and logistics.  For SBA-active lenders, this isn’t just a headline. It’s a structural shift in the size, complexity, and due diligence requirements of the deals coming across your desk in Q3 and

FOR IMMEDIATE RELEASE April 21, 2026 Liz Mahoney of LCS Selected for GlobeSt.’s 2026 Women of Influence Awards Recognized in the Category of Marketing and Communications April 21, 2026— Liz Mahoney, Senior Vice President and

Introduction: Why Feasibility Matters In commercial real estate, the difference between a successful project and a costly failure often comes down to one word: feasibility. Before construction starts or financing moves forward, lenders and developers must answer

When developers evaluate a new site, speed and confidence are everything. But rushing into a deal without proper environmental due diligence can expose projects to costly delays, regulatory hurdles, or even liability. That’s why the Phase I Environmental

  Introduction As 2026 approaches, the construction lending environment is becoming more complex. Economic uncertainty, regulatory scrutiny, and rapid technological change are reshaping how lenders, developers, and investors approach risk. Understanding these dynamics is critical

As credit unions expand into commercial and construction lending, one of the most critical safeguards is ensuring accurate property valuation. Unlike consumer loans, where collateral is often straightforward, development projects and commercial assets require nuanced

Construction lending has traditionally been dominated by large banks with deep capital reserves and extensive risk management infrastructure. However, credit unions are increasingly exploring ways to participate in this lucrative market. While smaller institutions face

Introduction As credit unions expand into commercial and construction lending, environmental risk management becomes a critical part of protecting portfolios and member assets. Unlike traditional consumer loans, development projects often involve land use changes, regulatory