An RSRA is a site screening tool prepared in accordance with environmental requirements detailed in the SBA SOP. This report provides a lender with a brief site history along with known current and past regulatory issues without the time and expense of a site inspection. Clients receive the following information from an RSRA in report form:
- Regulatory Database Report
- Environmental questionnaire review
- Review of historical resources
An RSRA report prepared in accordance with SBA requirements provides ERI’s professional opinion regarding the potential risks associated with the property along with the required SBA approved methods to resolve any identified concerns.