

Lori N. McCausland
Apr 12, 2024
An SBA Geek in your Back Pocket?
We pride ourselves on being geeky about SBA 7(a) loans. Sure, some of our friends and family think that’s a little odd, but the simple...


Rebecca Mendoza
Mar 12, 2024
Injection: Changes to Requirements, Evidence, & Sourcing
Equity injection has always been an integral part of SBA Lending. And it’s always been an area where errors can impact the Lender’s...


Rebecca Mendoza
Feb 28, 2024
If Not Deferral, Then…What?
We’ve been covering questions about deferrals in several recent articles. And our clients continue seeing a rise in Borrowers’ requests...


Lori N. McCausland
Feb 13, 2024
Deferrals: Working Together in Tough Times
Your Borrowers don’t always experience smooth sailing. Sometimes they get stuck, run into difficulties, and end up with what everyone...


Lori N. McCausland
Feb 6, 2024
The New Form 1919 – Takeaways from SBA Training
SBA released a lot of new forms at the end of 2023. One of them was the much-anticipated streamlined Form 1919, bringing it into...


Lori N. McCausland
Jan 9, 2024
SBA publishes new forms – but beware!
Did you notice the new notice? We’d like to draw your attention to the Information Notice SBA released at the end of December (when you...


Lori N. McCausland
Nov 3, 2023
Non-delegated Lender? Slow down to speed up your 7(a) loans!
Ever driven past someone stopped for speeding? We all have. (Note: we’re not asking if you’ve ever been stopped for speeding!) We speed...


Lori N. McCausland
Sep 27, 2023
Changes to Equity Injection Under the New SOP
SBA is cheerfully categorizing the changes in its recently-released SOP 50 7 3 as “improvements” – which they may well be, but Lenders...


Lori N. McCausland
Aug 29, 2023
Those Pesky Post-Purchase Packages
When loans are sold on the secondary market, and you as the Lender have requested SBA to repurchase the loan from the investor, next...


Rebecca Mendoza
Aug 16, 2023
New Borrower Certification Requirements
There’s either a Technical Update or revised SOP 50 10 7 coming soon, but who knows when “soon” will be. So, “Do what you do – until we...


Rebecca Mendoza
Jul 24, 2023
SBA Says: Do What You Do!
There are a lot of changes in the new SOPs 50 10 7 and 50 57 3, and all of them are effective 8/1/2023. Yikes. That’s just a few days...


Lori N. McCausland
Jun 8, 2023
Documenting Equity Injection – Revisited
As we’re sure you recall, we discussed documenting equity injections in an article back in August of 2021. (Yes, that was a while ago....


Lori N. McCausland
May 12, 2023
Hot off the presses! SBA issues new SOP 50 10 7
It’s here – what we’ve all been waiting for: the latest update for SOP 50 10 7, Lender and Development Company Loan Programs! (You have...


Rebecca Mendoza
Apr 26, 2023
Five common errors in EPC/OC loans
EPC/OC loans aren’t all that difficult. But that doesn’t mean things don’t get missed! Sometimes the simpler something is, the easier it...


Lori N. McCausland
Mar 30, 2023
Drowning under an SBA to-do pile?
We've been hearing it's been a challenge for SBA 7a lenders to find, hire, and maintain an experienced SBA 7a lending team. Whether it's...


Rebecca Mendoza
Mar 16, 2023
Screen Outs - The last word
Welcome to the final article in our series on SBA Screen Outs. You can find the others by following these links: Errors in Loan...


Lori N. McCausland
Mar 2, 2023
Screen Outs: Finding the Positive – wait, WHAT?
No one wants to see that Screen Out message in their email in-box. But we like to look at what’s normally considered a negative and find...


Rebecca Mendoza
Feb 16, 2023
Screen Outs - 5 common errors in Guaranty Purchase Packages
In this, our second article on the dreaded Screen Out notice from SBA, we’ll cover common errors in Guaranty Purchase packages, and what...


Lori N. McCausland
Feb 2, 2023
Screen Outs - 5 common errors in Loan Origination Packages
After our client loan reviews in 2022, many of which included Screen Outs, we realized that we often see some of the same, repeating,...

Rebecca Mendoza
Jan 19, 2023
Managing your loans through times of trouble
Economic downturn. Changes to interest rates. You know what’s coming, right? An increase in troubled loans. Which means an increase in...