OUR BLOG

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

SBA Consultant We all have that thing – you know, the thing that keeps our attention, that energizes and challenges us. When I was a kid,...

Working capital. We talk about it a lot with our clients during our SBA training sessions. It might be a discussion in one of the lender...

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

We’re nine months into a whole slew of SBA SOP changes. Your SBA packaging processes and procedures should be fully updated by now, and...

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...

Have you been staying on top of all the recent changes from SBA? New forms, new SOPs, a veritable snowstorm of notices and white papers –...

Your Borrowers don’t always experience smooth sailing. Sometimes they get stuck, run into difficulties, and end up with what everyone...

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...

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...

Our last article discussed Post-Purchase Packages – the documentation required from Lenders by SBA for loans sold on the secondary market...

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...

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...

We’ve written before about the importance of staying on top of your 1502 reporting to the SBA. There have been a few recent updates, so...

We often perform annual or post-closing file reviews for our clients. Perfecting and protecting collateral is an important part of these...

Do you have FTA sync issues that you may not be aware of? If any of your 7(a) loans have gotten out of sync with the FTA (Fiscal Transfer...

Do this first! Selling your SBA loans? It’s a fairly common thing to do. But a whole ‘nother level of responsibility comes with sales of...