eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
FROM LISA @ JRB … TABS, YOU’RE IT! SBA’S 10 MUST-DO GUARANTY PURCHASE PACKAGE … NO PLACE TO HIDE!!
You’ve jumped the hurdles and followed all SBA requirements to liquidate a loan. One more hurdle to clear. Actually 10: the mandatory Guaranty Purchase process aka. The 10 Tab Package, Often daunting, but necessary. No place to hide. JRB Senior Associate Lisa Lerner takes you through the process.
FROM RICHARD @ JRB … FIGURING FIRST PASS APPROVAL RATES – AND A JOURNEY THROUGH ACRONYM SOUP
JRB Senior Associate Richard Jeffrey takes you on a journey through acronym soup ... all to calculate first pass approvals!
FROM PAUL @ JRB … LIQUIDATION PLANS: USEFUL TOOLS ─ OR TIME WASTERS? GET THE POINT!
From Paul @ JRB ... Liquidation Plans: Useful Tools or Time Wasters? JRB Associate Paul Baker and a certain British spy make plans. Strategic Plans.
FROM RICHARD @ JRB … IN SPRING, OUR THOUGHTS LIGHTLY TURN TO – NADCO’S SPRING SUMMIT!
Spring has sprung! And so have discussions springing from NACSO's Spring Summit. JRB Senior Associate Richard Jeffrey gives you an overview.
FROM LISA @ JRB … FACING AN SBA LOAN REVIEW? FILES A LITTLE DUSTY? BEST TO KEEP YOUR HOUSE IN ORDER!
From Lisa @ JRB ... It all boils down to good housekeeping. It's time to dust off your files and keep your portfolio in order so it doesn't get ahead of you at year end.
FROM RICHARD @ JRB … NADCO’S SPRING SUMMIT LIVE STREAMS MAY 18 & 19 –- SEE YOU IN CYBERSPACE!!
J.R. Bruno 's Alex Liberchuk, Richard Jeffrey and Sandy Mortan are packing their virtual suitcases for NADCO's live streamed Spring Summit. See you in cyberspace May 18 & 19!
FROM PAUL @ JRB … COLLECTING ON AN SBA LOAN? TO LITIGATE OR NOT TO LITIGATE? THAT, AND OTHER QUESTIONS!
Collecting on an SBA loan? To litigate or not to litigate? That, and other questions! JRB Associate Paul Baker gives you some answers.
FROM RICHARD @ JRB … SCREENING OUT SCREEN OUTS – DON’T LET PESKY ISSUES SLAM INTO SBA’S SCREEN DOOR!
Screen out screen outs! Pesky issues can slam into SBA"s screen door and come back to sting you. Swat 'em. Net 'em. Zap 'em. Do what it takes so your SBA loans sail through wide open doors from application to funding. JRB's Richard Jeffrey clues you in.
FROM LISA @ JRB … VIRTUAL REALITY @ NAGGL: BIG CHANGES, STREAMLINED PROCESSES … WHERE WE GO FROM HERE
From Lisa @ JRB ... Virtual Reality @ NAGGL! What's new" What's Changing" Where do we go from here? Right from cyberspace, JRB Senior Associate Lisa Lerner gives you an inside track on the economy, happenings on the Hill, and what SBA has in store.
FROM RICHARD @ JRB … IS HE HIS BROTHER-IN-LAW’S INN KEEPER? FOR SBA LOANS, IT’S ALL RELATIVE!
From Richard @ JRB ... Is he his brother-in-law's inn keeper? For SBA loans, it's all relative! ! JRB Senior Associate Richard Jeffrey plows into "Affiliation by Identity of Interest."
FROM PAUL @ JRB … POST-CLOSING LOAN REVIEWS: TAKING TIME TO DO THEM RIGHT!
Is slower ever better You bet! When it comes to post-closing loan reviews, pick your mantra: "Slow and steady wins the race," Measure twice, cut once," and especially "Don't close the barn door after the horse is gone." JRB Associate Paul Baker walks you through it. The process, that is!
FROM RICHARD @ JRB … WHAT’S 504 ELIGIBLE, OFFICE BUILDING OR CHICKEN COOP? ‘THINGS ARE SELDOM WHAT THEY SEEM!’ I
What's 504 eligible? Office building? Chicken coop? Are things really seldom what they seem? JRB Senior Associate Richard Jeffrey gives you a great read -- and some learning, too.
FROM LISA @ JRB … EQUITY INJECTION: FUNDAMENTAL TO SBA LENDING – PROTECT YOUR GUARANTY!
They say, “The only thing constant is change” PPP, Flood of SBA Notices. Revisions. Program Changes. New Guidance. Yet some things haven’t changed: the fundamentals of our business. Key Fundamental: Equity Injection. JRB Senior Consultant Lisa Lerner takes you through it. Equity Injection. The rules haven’t changed. Yes, until the end of SBA’s fiscal year, 9/31/21, there are no guaranty or servicing fees. Yet we must remember that Equity Injection rules are the same. Did you know … In some cases, equity injection is a reason for denial or repair to the guaranty of an SBA loan – and that issue is magnified with SBA if a loan defaults within the first 18 months?
FROM RICHARD @ JRB … APRIL 1 DEADLINE: DOES YOUR ENVIRONMENTAL QUESTIONNAIRE COMPLY? NO FOOLIN’!
Does your Environmental Questionnaire Comply? SBA gives lenders an April 1st Deadline. No Foolin'! JRB Senior Associate takes you through the process.
FROM PAUL BAKER @ JRB … YOU’RE IN THE GAME. GET READY FOR CURVEBALLS!
You're in the Game. Get ready for the curveballs. It's Spring Training for the boys of summer and the curveballs are coming. It's Spring Training for SBA lending too. We've seen a few curveballs already with more on the way. Fast balls too. JRB Associate Paul Baker gives you the score.
FROM RICHARD @ JRB … ALL ABOUT NAICS: ARE WE HAVING FUN YET?
From Richard @ JRB ... All about NAICS: Are We Having Fun Yet? NAICS fun? Really? Check out J.R. Bruno's Richard Jeffrey's take on what's cool! Plus, get all the info.
FROM LISA @ JRB … NEWS FROM D.C. JUST KEEPS ON COMING: PPP ACCESS GETS EASIER FOR ‘MOM AND POP’ SMALL BUSINESSES AND OTHERS
News From D.C. Just Keeps On Coming. Taking Care of Mom & Pop. PPP Access Gets Easier for Their Businesses and Others. JRB Associate Lisa Lerner takes you through it all!
FROM SANDY @ JRB … ‘YEAR-END STATEMENTS’ – ARE THEY REQUIRED?
Do lenders really need to send year-end statements? JRB Senior Associate Sandy Mortan gives you a run-down of all the information.
FROM LISA @ JRB … SBA NOTICES: THEY JUST KEEP ON COMING
SBA PPP Notices: They Just Keep Coming! JRB Associate Lisa Lerner gives you a rundown along with her take on significant provisions, Lace up your track shoes. We're in the race. And we're just at the starting gate..
FROM RICHARD @ JRB … A COLLECTION OF CASE STUDIES – AND LESSONS LEARNED
From Richard @ JRB ... A Collection of Case Study -- And Lessons Learned! From his catalogue of client experiences, JRB Senior Associate Richard Jeffrey takes us thru some real-life CDC/504 cases. Lessons learned? You bet!
Got questions about SBA Lending?