OUR BLOG

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

You’re drowning in details and SBA paperwork. Interest-rate changes are creating a deluge of SBA Servicing Actions. The economic slowdown...

Yes, it’s December. We’re having a hard time believing that too – the year has whizzed by – but December it is, and that means it’s...

Sixty days goes by fast. And suddenly you have an SBA loan, or even several SBA loans, that are 60 days past due. What now? Everything...

Let’s face it: there’s never enough time. And there are so many SBA requirements to remember. You’re behind before you even start! Just...

Remember when “file stacking” was actually a Thing? Or did I just date myself? In case that was (ahem) before your time – it used to be...

(and what to do about them) Your SBA loan guarantee may be at risk during the eligibility, closing and funding stages if not documented...

You’d think disbursing a loan would be easy. Ha. Just when you think you have it down, a Borrower throws a curveball. Loan Disbursement...

What Makes a Great Procedure? So – you want to update (or write from scratch!) your procedures? YAY. If you’ve followed us at all, you...

We often perform annual or post-closing file reviews for our clients. Perfecting and protecting collateral is an important part of these...

Ever failed to get to the finish line on a Guaranty Purchase for an SBA loan in default? It’s not a good thing, for obvious reasons:...

It may not seem like the Form 1050 is all that complicated. But beware! It’s easy to make mistakes, especially when you have a pipeline...

Do this first! Selling your SBA loans? It’s a fairly common thing to do. But a whole ‘nother level of responsibility comes with sales of...

Screenouts! Such a dreaded word in the world of SBA lending! They always come at the most inopportune time, are a total surprise...

If you have Borrowers in your PPP loan portfolio who haven't yet applied for forgiveness, their time is running out. Forgiveness...

In our liquidation work with Lenders, we often see how the lack of a Litigation Plan leads to a number of problems. The most painful...

Did you see the September 8th, 2021, SBA Notice 5000-814473 with the really long title? “Interim Advances: Guidance for Processing...

It’s That Time again: the time each year when SBA reviews their fee structure for 7(a) loans. You can download the full Fee Notice from...

5 TIPS FOR DOCUMENTING IT RIGHT Want to make sure your SBA guarantee remains intact? Document the required loan equity injection...

So you want to start up an SBA Department? Read this first!