

Jigsaw puzzles, dominos, and SBA lending – oh my!
Anyone who knows us here at LRM knows we love SBA lending. We love helping our clients meet the needs of the small businesses that fuel...

Rebecca Mendoza
Aug 31, 2021


Are You Ready for the 1502 Report Submission Changes?
Are your 1502 reports in balance with Colson Services and SBA? Or do you cringe on the 20th of each month, hoping you don't receive a...

Lori N. McCausland
Jul 20, 2021


Don't Miss these 5 Essential Steps
WHEN YOU CLOSE, FUND AND SERVICE YOUR SBA 7a LOANS There’s a lot of heavy lifting in processing an SBA loan. From initial application to...

Lori N. McCausland
May 25, 2021


Five 1502 Report Errors that Could Affect Your Bottom Line
Submission of the monthly 1502 report is one of the most important tasks for Lenders. The deadlines are tight, and accuracy is essential.

Lori N. McCausland
Mar 30, 2021


Aging Portfolio? Keep Your Finger on the Pulse
As a portfolio ages, it will inevitably develop cracks. There may even be multiple loans that stress or default at the same time.

Rebecca Mendoza
Mar 19, 2021


LRM’s Take on SBA Procedural Notice 5000-20079
SBA’s Procedural Notice 5000-20079 (the “Notice”) has lots of great information regarding the CARES Act, Section 1112 payments.

Lori N. McCausland
Feb 4, 2021

