Harry Bennett III
If you need to know the environmental situation of a subject property, then this is the easiest fastest way to go. I gave Dave 2 physical addresses on Friday afternoon and on Monday morning his 52 page reports were in my email. They were exactly what SBA wanted. An environmental specialist stating that the risk was low. Tuesday, we had an authorization! The only way to go for me from now on!
Jason Makowski
Sierra puts the customer first. I would recommend them any time you need an effective team player you can count on.
Bo Noles
I recently had the pleasure of working with Dave VerSluis. It was refreshing to work with a real professional who exhibited real passion and enthusiasm for his expertise. His depth of knowledge was impressive and assuring. He kept me informed regularly and through every step of the process. For Environmental Risk Assessment, Dave VerSluis is the expert to call.
Gary VandenBerg
Sierra is the kind of company where you know right away that they have a deep understanding of the environmental aspects of commercial real estate. We have worked with them for over 10 years. You can consistently expect sound advice and a pragmatic approach when you hire this company. Good people to have on your team.
Kurt Hassberger
We know from experience that Sierra has our best interests in mind. That’s something that a lot of people talk about, but very few deliver in today’s world. We know we can trust them to handle our environmental issues when the stakes are high.
Bruce Bailey
I worked with Dave on projects for my organization when we needed his environmental expertise. Dave provided excellent service in the testing and reporting required for us to close the deal and purchase the property. Dave’s reporting was timely and accurate, too. I recommend Dave for your environmental testing and consulting projects.
About Sierra Consultants
Since 1993, Sierra Environmental Consultants has provided high-quality services and products in the most practical and cost-effective manner possible. The focus is on client advocacy.
Our commitment to this approach is based on our core belief that preserving and protecting environmental resources is good business for us all.
Our professional qualifications meet or exceed the "Environmental Professional" designation, pursuant to the "All Appropriate Inquiry" Standards (Sections 101(35)(B)(ii) and (iii) of the federal Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)), effective November 2006.
Questions before ordering?
For SBA loans, RSRA Environmental Reports are a requirement by the government as they play a crucial role in protecting the government’s investment in the loan. These reports help the SBA determine if a property is suitable for the loan, and whether the loan amount requested accurately reflects the value of the property. Additionally, the SBA uses RSRA Environmental Reports to ensure that the loan recipient is aware of any environmental risks associated with the property and is able to take the necessary steps to address these risks.
RSRA Environmental Reports, also known as Record Search with Risk Assessment, play a crucial role in the lending process for both Small Business Administration (SBA) loans and conventional loans. The importance of these reports lies in their ability to provide lenders with a comprehensive overview of a property’s environmental history and any potential environmental risks or liabilities associated with the property.
In the lending process, the lender needs to ensure that the collateral property, which is being used as security for the loan, is free from any environmental hazards that could affect its value and, in turn, impact the repayment of the loan. RSRA Environmental Reports provide lenders with a thorough analysis of a property’s environmental history, including the presence of hazardous materials, past and current use of the property, and any previous environmental assessments or cleanup efforts. This information helps lenders assess the potential environmental risks and liabilities associated with a property, which can help them make informed decisions about the loan.
Conventional lending also benefits from RSRA Environmental Reports as they help to minimize the risk associated with lending and protect the lender’s investment. The reports provide a comprehensive overview of the property’s environmental history and any potential environmental liabilities, allowing the lender to make an informed decision about the loan. In the event that a property does have environmental hazards or liabilities, the report can help the lender determine the necessary steps to address these issues, including the cost of cleanup or remediation, which can be factored into the loan amount.
In conclusion, RSRA Environmental Reports are a valuable tool for both SBA and conventional lending. These reports provide lenders with a comprehensive overview of a property’s environmental history and any potential environmental hazards or liabilities, allowing them to make informed decisions about the loan. By mitigating the risk associated with lending and protecting the lender’s investment, RSRA Environmental Reports play a crucial role in the lending process, helping to ensure that both the lender and the loan recipient are protected from potential environmental risks and liabilities.