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Web as before, the lender is required to obtain sba form 155 (or lender’s equivalent standby agreement) with a. Web standby creditor's agreement. Web learn how to use sba form 155 or other standby agreements to document the terms of seller notes in. Web learn how to use seller financing to meet sba equity injection requirements and avoid issues with sba. Web an unpleasant surprise that sometimes pops up in the days leading up to closing in small business acquisitions. Sba lender may use sba form 155 or its own standby agreement form. Web this agreement establishes the interest rate and loan terms of a promissory note between the buyer, referred to as the. Sba form 155,“standby agreement.” cdc may use sba form 155 or its own equivalent standby agreement.