Acquisition Due Diligence
I’m just back from this year’s America East conference, and one of the things I heard from several attendees was – acquisitions are still happening, and the people inheriting the acquired bank’s SBA portfolio are concerned.
Lori N. McCausland
Sep 1
The Costs of Delay
As an SBA lender, the SBA guaranty offers essential protection supporting your institution’s willingness to extend credit to small businesses. But that protection comes with responsibilities, not the least of which is the duty to act in a timely manner throughout the life of the loan – and especially when the loan is in distress.
Rebecca Mendoza
Aug 2
The Critical Importance of Updating E-Tran Data When SBA Loans Change: Tips for Lenders
Too often, loan changes occur—whether minor borrower updates or significant structural modifications—without being fully reflected in E-Tran. That oversight can result in servicing issues, audit flags, or worse: denial of the SBA guarantee.
Here’s why every lender should treat E-Tran updates as an important part of their SBA loan servicing workflow.
Lori N. McCausland
Jul 3