SERVING SBA LENDERS NATIONWIDE
The quality of an SBA loan portfolio is dependent on the quality of the loan files. An LRM Lender Consultants review can either confirm the full compliance of individual SBA loans/portfolios or can identify deficiencies giving Lenders the ability to mitigate the issues.
KEEP YOUR SBA GUARANTY INTACT
Every Lender wants to ensure that all their guarantees are protected. LRM Lender Consultants are trusted by countless SBA lenders to perform preemptive reviews to identify any small problems that may jeopardize the overall compliance status of their SBA portfolios. With decades of SBA experience, LRM Lender Consultants
know what is likely to act as a trigger during an audit, and what will not. Even without an imminent audit, an annual “pulse-check” can be extremely useful to SBA lenders to ensure the overall health and performance of their SBA loans.
WHAT DON’T YOU KNOW? SKELETONS IN THE CLOSET
Legacy portfolios are either inherited from staff that is no longer present or through the acquisition of the portfolio. LRM has been brought in when one bank is interested in acquiring another institution’s SBA portfolio. After review, we can provide a detailed analysis, identifying potential problems or confirming the health of the portfolio before any funds are exchanged.
An LRM full forensic review used to identify and update all SBA loan information can rejuvenate an older portfolio and enhance the overall health of the SBA program within the institution.
A DEDICATED PARTNER WITH A DIAGNOSTIC APPROACH
LRM can also focus their review on the process used in an individual SBA Loan department. A process review can allow us to suggest areas where work can be streamlined and efficiency improved. We act as partners in a diagnostic role with effective advice designed to enhance the strengths of each employee, maximize your efficiency and improve the SBA loan process from start to closing and beyond.
Whether your institution needs a little advice, help with an existing problem or a comprehensive SBA loan review, contact LRM Lender Consultants at 877-576-0819 and let’s talk about how LRM can be a key resource for all of your SBA lending needs.