Lori N. McCausland
- 3 days ago
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...
Rebecca Mendoza
- Aug 16
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...
Lori N. McCausland
- Jun 8
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
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
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
- Apr 19
Oh, Those Prime Rate Increases
You knew it was coming – and yes, it’s here: Prime rate increases have been on the rise. On March 15th of 2020, the Prime rate went back...
Lori N. McCausland
- Mar 30
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
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
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...
Lori N. McCausland
- Feb 2
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
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...
Rebecca Mendoza
- Oct 13, 2022
Past due loans? 5 Quick Tips
Sixty days goes by fast. And suddenly you have an SBA loan, or even several SBA loans, that are 60 days past due. What now? Everything...
Rebecca Mendoza
- Sep 23, 2022
The clock is ticking … don’t miss SBA’s deadlines!
Do you have a list of all the SBA deadlines for your Standard 7a and Small SBA 7a loans? They’re essential to protect the guaranty,...
Rebecca Mendoza
- Sep 9, 2022
How to Find Time – even when there’s never enough
Let’s face it: there’s never enough time. And there are so many SBA requirements to remember. You’re behind before you even start! Just...