CLOSING & DISBURSEMENT

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Closing Services Provided By Radar Include:

• Review SBA Authorization or USDA Conditioned Commitment Letter for Compliance with Bank Approval

• Prepare Closing Checklist in Compliance with Bank and SBA or USDA Requirements

• Coordinate Change Request or Modifications with Bank and SBA or USDA if any

• Coordinate with Borrower, Bank & Third Party Vendors including Title & Insurance Agents, Appraisers, Environmental Companies, Business Valuators, etc.

• UCC Searches & Title Work

• Preparation of Closing Documents

• Coordinate Physical Closing/Documentation Signing

• Coordinate Disbursement per Authorization

• Pre-Closing Review of the Loan File and Documentation

• Complete Closing File forwarded to Lender for Retention per SBA or USDA Requirements

• Post-Closing file review by out internal auditor

• Post-Closing Collection of Recorded/Filed Documentation and Final Title Policies, as applicable