

The 1502 Gap
The SBA Form 1502 report may be everyone’s least-favorite aspect of SBA 7(a) lending.
It’s a source of anxiety for both the SBA 1502 expert on your team as well as your senior management.
Your 1502 worker-bees know it’s the mechanics of the SBA Form 1502 report where the problems start – missing reconciliations, inconsistent timelines, unsupported recoveries, and so on. Researching these issues is time-consuming, frustrating, and anxiety-producing. We’ve heard people calling

Lori N. McCausland
Jun 1


Quick SBA Compliance Tips from NAGGL 2025
As always, NAGGL was a whirlwind of meetings, workshops, information, and saying Hello! to new and old friends. We’ll be writing more about what we learned in the coming weeks – and to start with, here are a few quick tips.

Lori N. McCausland
Nov 19, 2025


You’ve Been Audited. Now What?
The Office of Credit Risk Management (OCRM) picked your SBA portfolio to conduct an audit. It could be due to anything from a random...

Rebecca Mendoza
Apr 3, 2025


Lean on Us When…
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...

Rebecca Mendoza
Apr 1, 2025


Avoid the Year-End Rush!
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...

Rebecca Mendoza
Nov 21, 2024


Electronic Loan File Stacking - Revisited
Do you remember our article back in 2022 on Electronic Loan File Stacking , a.k.a ELFS? Maybe not – 2022 was a long time ago! In that...

Lori N. McCausland
Oct 1, 2024

