OUR BLOG

Here a checklist, there a checklist, everywhere a checklist! Department-specific checklists are essential. They focus on the specific responsibilities of that specific department or team. So an underwriting checklist focuses on eligibility, repayment ability, and collateral. Closing verifies documentation and funding conditions. Servicing monitors insurance, payments, reviews, and modifications. And so on.

Artificial intelligence is increasingly shaping how small businesses operate. From automating routine tasks to improving decision-making, AI is changing how companies work, compete, and generate revenue. As an SBA Lender, have you considered how technology may affect Borrower performance – and how that might shift your long-term SBA portfolio strategy?

Let’s start here: SBA lending is not “small commercial lending with extra paperwork.” Instead, it’s strategic risk management guided by the SBA SOP. Why? To start with, the government guaranty fundamentally changes risk exposure. And then there’s the community aspect: SBA loans allow banks to safely serve small-business Borrowers that might not qualify for a standard commercial loan. This helps stabilize not only the local business community, but also the bank’s overall credi

Part I of our series on how to handle the SBA portfolio during a merger – discussed what you need to do before the merger: assessing the...

Mergers are seldom easy, no matter what industry you’re in. Bank mergers, with all the associated regulations and financial...

SBA Consultant We all have that thing – you know, the thing that keeps our attention, that energizes and challenges us. When I was a...