OUR BLOG

Managing SBA Chapter 11 Bankruptcies The hard economic reality right now is that small business bankruptcies are on the rise. So let’s look at what you can do to prepare your SBA Lending team to protect the guaranty, control costs, and maintain SBA compliance while meeting evolving SBA lender requirements. As Benjamin Franklin said so long ago, an ounce of prevention is worth a pound of cure.

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

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

Inadequate documentation of equity injection is one of the most common issues cited in SBA loan reviews and guaranty purchase requests, often resulting in SBA compliance concerns for lenders. This is despite the fact that in many cases the injection actually did happen correctly. Why the problems? It’s usually about the audit trail, not about whether the Borrower had the money. If you can provide consistent documentation, starting at origination, according to SBA’s injection

As always, there was a lot to digest at the 2024 NAGGL conference. And as part of our SBA lender consulting services we spent some time...

Is AI taking over the world? Listening to some people, you might think so. But – slow down! Not so fast. We were fortunate to attend a...

Underwriting SBA loans requires attention to details, skill, and experience. As part of our lender consulting services , we routinely...

As an SBA Lender Service Provider, we are asked to perform annual loan reviews for many of our clients. With each one we add to our...

As an SBA lender service provider, we see many things during our SBA loan reviews and SBA loan liquidation work. One area where we...

Sometimes, a client’s annual SBA loan review uncovers a pattern. That’s when we recommend one of our SBA lender training classes . This...

As part of our SBA lender consulting services, we’re often contracted to complete loan reviews. Whether it’s a post-closing review, an...

For almost my entire career in banking, new projects were handed to me to learn, build initial processes, and then train everyone else. ...