eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
FROM RICHARD @ JRB … DAVE’S COMPLAINT: ‘RATES ARE UP: BORROWERS WANT TO CANCEL AUTHORIZED LOANS … WHAT DO I DO?’
SBA 504 borrowers are doing what? Rising interest rates are putting CDCs on overload with borrowers looking to cancel Authorized loans. What's a CDC to do? JRB Senior Associates Richard Jeffrey and Sandy Mortan give you the lowdown. Interest Rates: Big-Big topic @ NADCO's Spring Summit 22 May 15-18.
CELEBRATING SBA IN MAY … NAGGL ATLANTA MAY 10-12, SBA’S NATIONAL SMALL BUSINESS WEEK, MAY 1-7
JRB celebrates SBA in May, honoring America's small businesses during National Small Business Week, May 1-7. And on May 10-12, gathering with small business lenders, federal legislators and key SBA staff at NAGGL Atlanta for the latest scoop on all things SBA.
FROM RICHARD @ JRB … JOLENE, JOLENE, JOLENE – ‛A LITTLE BIT OF COUNTRY’ IN A TALE OF UNDERWRITER VS. UNDERWRITER
'A Little Bit of Country' ... and not a whole lot of Rock 'n Roll as underwriters Jolene and Diane argue about omissions in the credit memo for a new SBA loan. Chief Underwriter Dolly clears it all up. Saved by the Belle!
FROM RICHARD @ JRB … ARCHEOLOGISTS UNCOVER ANCIENT SCROLL ON MT. ARARAT: SBA’S FIRST-EVER SOP!
Major Mt. Ararat discovery: Archeologists uncover SBA's first SOP! JRB Senior Associate Richard Jeffrey should know. He was there. Well, not quite. So what's changed? What's not? Richard tells all!!
FROM PAUL @ JRB … 7(a) LIQUIDATION STRATEGIES: SELL THE COLLATERAL? OR SELL THE LOAN?
JRB Associate Paul Baker shares his expertise working in Spacial Assets and Risk Mitigation to shed some light on Liquidation strategies: Do you sell the collateral? or Sell the loan?
FROM RICHARD @ JRB … SBA’S LSA LIST: THERE’S A NEW KID ON THE BLOCK. GET YOUR RED-HOT REVISED LIST!
From boon to somewhat of a bust! Turns out, the annual Labor Surplus Area list published last October 1 was incorrect. Not to worry. Need the new list? Get your red-hot revised LSA list from JRB Senior Associate Richard Jeffrey!
FROM ALEX @ JRB … SERVICING ROUND 4: LACING UP TO CHASE YOUR TRACKING ITEMS
Want to chat to an experienced track coach? Servicing #4: Lacing Up to Chase Your Servicing Items ... JRB Principal Alex Liberchuk takes you thru the Servicing Tracking Steeplechase.
FROM RICHARD @ JRB … NAMING THE BABY: IN SBA LENDING IT CAN BE A VERY BIG DEAL!
What's in a name? Names didn't matter for Romeo and Juliette, but they matter here. JRB's Richard Jeffrey shows you why names mean a lot when it comes to SBA lending.
FROM PAUL @ JRB … IT’S A NEW YEAR! WHAT’S IN STORE FOR 2022?
Welcome to 2022! JRB Associate Paul Baker looks back on the rollercoaster ride that was 2021, how SBA's programs help save or create small business jobs -- and what's in the picture for 2022. He includes SBA Administrator Isabela Casillas Guzman's statement of continued support. And the work goes on!
FROM ALEX @ JRB … DO SBA LENDERS NEED A LOAN PROCESSING PLATFORM? YES, NO ─AND MAYBE!
Do SBA Lenders Need a Loan Processing Platform? Yes, No--And Maybe! J.R. Bruno & Associates Principal Alex Liberchuk gives you the lowdown.
FROM YOUR TEAM @ JRB … SERVICING ROUND 3: METRICS. ARE THEY MATERIAL? ABSOLUTELY! HOW DOES YOUR CDC MEASURE UP?
"If you can't measure it, you can't improve it." Savvy management guru Peter Drucker spelled it out. Metrics: Count 'em up. "When it comes to Portfolio Servicing, metrics are a must ... for running your CDC with your Portfolio Servicing under control and compliant." Your JRB Team
FROM ALL OF US @ JRB … HAPPY NEW YEAR!!
FROM ALL US @ JRB ... WISHING YOU, NEW DREAMS. NEW EXPERIENCES. NEW JOYS. AND A STELLAR 2022. HAPPY NEW YEAR!!
FROM RICHARD @ JRB … UNDERWRITING: A PROCESS REVIEW + A RULE OF THUMB. IT’S AS EASY AS, WELL … S, B, A!’
On Underwriting Overload? In this time of high loan volume, important objectives like greater efficiency and process improvement can get overlooked. JRB Senior Associate Richard Jeffrey gives you his Rule of Thumb for greater underwriting efficiency.
FROM YOUR TEAM @ JRB … 504 SERVICING: DO DETAILS MATTER? YOU BET! SOLVING THREE CASES OF ‘WHAT’S MISSING?’
Second in our series focusing on Servicing. We’re taking a close look at those not-so-little details that can make all the difference. When they’re missed! “If you place the emphasis on getting little things right, [...]
FROM PAUL @ JRB … MORE CHANGES TO SBA FORM 159 ROUND 2: AN UPDATE
"For the times they are a changin' ..." Bob Dylan had it right! One thing's for sure: change is constant. So here we go again, more changes to SBA Form 159. JRB Associate Paul Baker takes you through Form 159: New Again!
FROM YOUR TEAM @ JRB … TALKING TURKEY: SMALL BIZ SATURDAY, NOW MORE IMPORTANT THAN EVER!
“The real glory is being knocked to your knees and then coming back. That’s the real glory. That’s the essence of it.” ─ Vince Lombardi, American Football Coach After the turkey and the football, we [...]
FROM ALL OF US @ JRB … OUR WISHES FOR A HAPPY THANKSGIVING!
"Here comes the sun/Here comes the sun" As we look to brighter days ahead, Happy Thanksgiving from JRB!
FROM YOUR JRB TEAM … 504 LOAN SERVICING: TAKING IT SERIOUSLY – AND WORKING SMART!
SBA 504 Loan Servicing ... Taking it Seriously. Working Smart. Making Servicing a CDC's Top Priority! Your JRB Team takes you through it.
FROM LISA @ JRB … A VIEW FROM CYBERSPACE: NAGGL 2021 CONFERENCE RECAP
NAGGL 2021: Just a short time ago we used “hybrid” mainly to describe a new breed of cars. Not any more! This year's NAGGL was a hybrid. Some folks showed up in person, some dialed in. No matter: Nationwide connections made! JRB Senior Associate Lisa Lerner dialed in and recaps SBA's key initiatives: small dollar loans, new technologies, and life after PPP.
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