The lien of the CDC will be junior and subordinate to the lien of the Third Party Lender, unless Third Party Lender, CDC and SBA agree otherwise in writing.
Authority: Neither party has authority to modify or delete any provision, or add any additional provisions, without prior written authorization from the SBA.
Recording: This document or a memorandum of same must be recorded in the appropriate forum for lien filing, if allowed under state law.
Open-ended: The Third Party Loan must not be open-ended.
Default interest: Third Party Lender may not escalate the rate of interest upon default to a rate greater than the maximum rate published by SBA.
| Question | Answer |
|---|---|
| Form Name | SBA Form 2287 |
| Form Length | 6 pages |
| Fillable? | Yes |
| Fillable fields | 25 |
| Avg. time to fill out | 5 min |
| Edition | 04-18 |
| Matches the agency's file | Yes, checked October 4, 2026 |
| Other names | SBA 2287, SBA Form 2287, Form 2287, Third Party Lender Agreement |
| Official source | SBA Form 2287 (Rev 04-18), Small Business Administration |
Sba Form 2287 isn’t the one you’re looking for?