OUR BLOG

We’ve been covering questions about deferrals in several recent articles. And our clients continue seeing a rise in Borrowers’ requests...

Your Borrowers don’t always experience smooth sailing. Sometimes they get stuck, run into difficulties, and end up with what everyone...

Our friend and colleague Doug Hood has been an SBA consultant and small-business advocate for over 27 years and has won many awards and...

Did you notice the new notice? We’d like to draw your attention to the Information Notice  SBA released at the end of December (when you...

Do you litigate? Quick answer: yes, you do – and if you haven’t yet, someday you will when a Borrower declares bankruptcy, or there’s...

Ever driven past someone stopped for speeding? We all have. (Note: we’re not asking if you’ve ever been stopped for speeding!) We speed...

Whether you’re thinking about starting or expanding your SBA Lending department, or simply updating it based on new SOPs, a key factor is...

There’s no shortage of things causing stress in life, at work – and as an SBA Lender. Yikes. Let’s just look at recent concerns about...

Our last article discussed Post-Purchase Packages – the documentation required from Lenders by SBA for loans sold on the secondary market...

When loans are sold on the secondary market, and you as the Lender have requested SBA to repurchase the loan from the investor, next...

There’s either a Technical Update or revised SOP 50 10 7 coming soon, but who knows when “soon” will be. So, “Do what you do – until we...

There are a lot of changes in the new SOPs 50 10 7 and 50 57 3 , and all of them are effective 8/1/2023. Yikes. That’s just a few days...

We’ve written before about the importance of staying on top of your 1502 reporting to the SBA. There have been a few recent updates, so...

EPC/OC loans aren’t all that difficult. But that doesn’t mean things don’t get missed! Sometimes the simpler something is, the easier it...

You knew it was coming – and yes, it’s here: Prime rate increases have been on the rise. On March 15th of 2020, the Prime rate went back...

We've been hearing it's been a challenge for SBA 7a lenders to find, hire, and maintain an experienced SBA 7a lending team. Whether it's...

Welcome to the final article in our series on SBA Screen Outs. You can find the others by following these links: Errors in Loan...

No one wants to see that Screen Out message in their email in-box. But we like to look at what’s normally considered a negative and find...

In this, our second article on the dreaded Screen Out notice from SBA, we’ll cover common errors in Guaranty Purchase packages, and what...

Economic downturn. Changes to interest rates. You know what’s coming, right? An increase in troubled loans. Which means an increase in...