eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
DEFERMENT, WORKOUT OR FORBEARANCE? THAT’S THE QUESTION!
We see a common trend in our loan review and liquidation work with clients across the country: As soon as a loan begins showing stress, so do the lender's procedures. In a perfect world this [...]
FROM RICHARD JEFFREY @ JRB … WHEN’S A DEVELOPER ELIGIBLE FOR SBA FUNDING – OR NOT?
THE KEY: PRIMARY SOURCE OF REVENUE I had an interesting experience recently. A client and I had a running back-and-forth about possible situations when a real estate development project would be eligible for an SBA [...]
WESTWARD HO, JRB! SEE YOU AT AMERICA WEST!!
We’re heading out to join SBA lenders from the Western states at the America West Small Business Lenders Conference, June 20-22 in Costa Mesa, California. This year’s conference is jam packed with educational sessions for [...]
IMPORTANT FOLLOW UP! NEW APPRAISAL AND EVALUATION GUIDELINES: THEIR IMPACT ON SBA LOANS
NADCO Conference Recap Follow Up. The Conference recap I issued in May covered the Amendment to the Interagency Guidance on Appraisals and Evaluations for Financial Institutions, effective April 2, 2018. As a refresher, this amendment [...]
CAN THE APPLICANT ACCESS CREDIT ELSEWHERE? MAYBE.
GOT A POSSIBLE ISSUE? THINK IT THROUGH! Credit Elsewhere. Is there an SBA issue debated more? All the talk – and the ensuing scrutiny – by Purchase Centers, OCRM, OIG and Congress resulted in changes [...]
FROM RICHARD JEFFREY @ JRB … WRAPPING UP NADCO’S SPRING SUMMIT
NADCO’s Spring Summit is always a special conference. Where else can you meet so many SBA leaders in one place? After all, the Summit is held in Washington, D.C., so they’re in the neighborhood! With [...]
SBA’S NEW LOOK: GET YOUR RED-HOT NEW LOGOS NOW!
SBA Lenders: SBA’s new logo is ready for your use on window decals, window clings and on your website. Get decals and window clings from your local SBA district office. Download a digital decal for [...]
DOCUMENTING EQUITY INJECTION FOR EARLY DEFAULT LOANS: DOING IT RIGHT WILL PROTECT YOUR GUARANTY
“If we had a hammer …” Time and again we’ve pounded away at this issue in our eBulletins and client discussions: When it comes to protecting your guaranty, Equity Injection is a top reason for [...]
FROM RICHARD JEFFREY @ JRB … SBA ELIGIBILITY Q&A: WHAT ABOUT BUSINESSES CATERING TO SPECIFIC GENDER AND AGE GROUPS?
I love getting “real world” questions from our clients! I get a chance to research some challenging issues – and importantly to assist in decision making and avoiding possible SBA denials before they happen. And [...]
SBA LOAN REVIEW: IT ALL COMES DOWN TO GOOD HOUSEKEEPING!
PREPARING FOR AN SBA LOAN REVIEW: IT ALL COMES DOWN TO GOOD HOUSEKEEPING! Loan Reviews. Let’s talk. Are you facing a PARRiS Targeted Review? An Annual Review? Or working to stay on top of things [...]
JRB ‘ON THE ROAD AGAIN’ – NAGGL AND NADCO CONFERENCES IN MAY
JRB ‘ON THE ROAD AGAIN’ –NAGGL AND NADCO CONFERENCES IN MAY NAGGL’S SBA LENDING TECHNICAL CONFERENCE MAY 1-3 Chicago, Chicago! We’re headed to the 34th SBA Lending Technical Conference in the windy city May 1-3. [...]
SUBMITTING 1502 REPORTS: IT’S ALL ABOUT THE DETAILS!
SUBMITTING 1502 REPORTS: IT’S ALL ABOUT THE DETAILS! INCORRECT FILING CAN AFFECT YOUR PARRiS SCORE!! As with all SBA processes, accurate 1502 reporting is critical to maintaining your portfolio’s performance and a positive PARRiS score. [...]
FROM RICHARD JEFFREY @ JRB … ANSWERING CLIENT QUESTIONS ABOUT SBA LOANS: Q&A TAKE 2
FROM RICHARD JEFFREY @ JRB … ANSWERING CLIENT QUESTIONS ABOUT SBA LOANS: Q&A TAKE 2 Following up on my recent eBulletin where I responded to a client’s question, I like the idea that it was [...]
CREDIT ELSEWHERE TEST ELIMINATED FOR LESS THAN 20% OWNERSHIP
CREDIT ELSEWHERE TEST ELIMINATED FOR LESS THAN 20% OWNERSHIP SBA Policy Notice 5000-17057 effective 4/3/2018 for 7(a) and 504 loans, eliminates the Credit Elsewhere Test for those owning less than 20% of a business applicant [...]
SBA ANNOUNCES 25-YEAR FULLY AMORTIZED 504 LOAN
SBA ANNOUNCES 25-YEAR FULLY AMORTIZED 504 LOAN Effective 4/4/2018 and posted on the Federal Register on 4/4/2018, SBA has made available a 504 loan with a 25-year maturity in addition to the10- and 20-year 504 [...]
SBA SMALL BUSINESS WEEK APRIL 29-MAY 5, 2018
SBA SMALL BUSINESS WEEK APRIL 29-MAY 5, 2018 SBA’s Small Business Week kicks off in Washington D.C. with award ceremonies on April 29 followed by a nationwide bus road show and local events across the [...]
REBECCA MENDOZA MARKS 10 YEARS WITH JRB!
REBECCA MENDOZA MARKS 10 YEARS WITH JRB! REFLECTIONS ON A DECADE OF TRAVELING THE SBA ROAD WITH GREAT SBA LENDERS ACROSS THE COUNTRY … Ten years in one place in our industry doesn’t happen often [...]
TIME FOR SPRING CLEANING YOUR SBA PORTFOLIO!!
SPRING HAS SPRUNG! REFRESH. REFLECT. RENEW. TIME FOR SPRING CLEANING YOUR SBA PORTFOLIO!! I love spring. For me spring has always meant a time for renewal, for cleaning the cobwebs from brain, the dust from [...]
FROM RICHARD JEFFREY @ JRB … WHAT ABOUT SBA LOANS TO BUSINESSES OUTSIDE THE UNITED STATES?
FROM RICHARD JEFFREY @ JRB … IT’S THE USA’s SBA – THEN WHAT ABOUT LOANS TO BUSINESSES OUTSIDE THE UNITED STATES? Our federal government’s Small Business Administration is unique around the globe – a government [...]
BACK-TO-BACK SBA LENDER CONFERENCES IN MARCH!!
JRB eAlert! WE’RE HITTIN’ THE QUALITY CIRCLE CIRCUIT! Georgia Lenders Quality Circle SE/South Eastern Small Business Lenders Conference ∙ 3/7-3/9 Western Pennsylvania Quality Circle Conference ∙ 3/14-3/16 From the hills of Asheville, North Carolina to [...]
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