Records Search with Risk Assessment (RSRA)
An inexpensive tool to determine environmental concerns at various properties
Overview of an RSRA
A more comprehensive type of Desktop Review. The RSRA is one of the reports required by the Small Business Administration’s environmental policy for SBA 504 and 7(a) loans. The RSRA includes a government database report and may include, but is not limited to review of fire insurance maps, City Directories, Historic Aerial Photography Report, Historic Topographic Maps and a borrower prepared environmental questionnaire.
Our Difference
An ECA Environmental Professional provides an opinion regarding the potential environmental risk at the site using the data found in the RSRA. All SBA lenders, CLP and PLP, as well as Certified Development Companies will benefit from ECA Risk Management’s 28 years of SBA lending experience in ensuring compliance with current environmental requirements.