OUR BLOG

In the world of SBA lending, time is rarely on your side when a loan begins to go sideways. What starts as a borrower missing a payment can rapidly snowball into a full-blown default, asset deterioration, or legal complications — and before you know it, you’re staring down an SBA loan liquidation process with escalating losses.

As an SBA lender, the SBA guaranty offers essential protection supporting your institution’s willingness to extend credit to small businesses. But that protection comes with responsibilities, not the least of which is the duty to act in a timely manner throughout the life of the loan – and especially when the loan is in distress.

We often see Lenders forget to take advantage of the support a Lender Service Provider (LSP) can offer. So, when should you lean on an...

Hard to believe, but we’re well into the fourth – and final! – quarter of the year. So there’s a lot going on, not the least of which is...

Getting the guarantee purchased is important; that’s not new news! What is news is that the new Universal Purchase Package, or UPP, is...

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...

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...

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...

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...

Do you have a list of all the SBA deadlines for your Standard 7a and Small SBA 7a loans? They’re essential to protect the guaranty,...

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...

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:...

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

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...

5 Tips to make Workout and Liquidation More Fun! Okay, let’s be real: nothing about Workout and Liquidation is fun. But that doesn’t mean...

As a portfolio ages, it will inevitably develop cracks. There may even be multiple loans that stress or default at the same time.