If your new to SBA lending or don't have the tools and resources in house to properly handle SBA lending, we can help.  We will help grow your portfolio by doing all of the services listed on this page and more.  Call us today to find out how you can participate in our outsource program and gain the quality loans you desire without all the overhead expense.  Outsourcing is a cost effective way to gain the knowledgeable staff, tools and resources to become a competitive SBA lender at a fraction of the cost. 

We help our clients gather all required documentation, properly complete the paperwork and organize it in a fashion which makes it easy for SBA to quickly review and make a decision on your loan application. We make sure your file contains all information necessary to secure the SBA guarantee.

We make sure the SBA Loan Authorization contains the correct information as it pertains to your loan.  We assist with making any necessary amendments to the Authorization.  We prepare all the SBA closing documents and provide you with a list of other closing documents necessary to secure the full SBA guarantee.  We provide you with the guidance to clearly monitor and disburse loan proceeds  in accordance with the SBA Loan Authorization and SOP 50 10.   

We help our clients monitor their SBA Portfolio to ensure the guaranty remains intact for the full life of the loan.  Many lenders will release collateral or make other changes to the loan after closing.  It is important that the changes are documented correctly and reported to SBA in accordance with their SBA Servicing Matrix and the SOP 50 50. We help you know what documentation is needed and when SBA approval is required to proceed.  We also assist with you monthly 1502 reporting. 

We help our clients properly prepare a package to be sent to the SBA for a guaranty purchase request.  As of October 1, 2011, SBA will require the package be submitted in a particular format to be accepted for review.  Any packages not submitted in this format will be returned to the lender without further review.  To insure a timely review of the request, we will help you prepare the package and correspond with SBA to recover the full guaranty of your loan.

We offer training for Business Development Officers, Managers, Credit Analysts, Administration Staff and others that generate and service SBA Loans at your bank.  Check out our training page for detailed information on the classes we offer.

It is important to have SBA Policies and Procedures available for SBA to review when they come in to do an audit.  SBA Policies and Procedures outline the requirements for doing SBA lending within your institution.  We will create written SBA Loan Policies and Procedures that adhere to SBA’s guidelines and that are compatible with your conventional policy.   They will provide guidance to your staff and help you to meet the goals of your organizational. 

If you process your SBA loans in house, we can help insure your staff is following the proper steps to secure the full guaranty of your loans.  One of the best ways is by having a review done on your loan files.   By doing an audit upon closing it will allow the lender to clear up any loan deficiencies while the borrower is still cooperating. This is also a great training tool for the staff and allows them to learn areas in which they excel or need improvement.

Looking to gain some liquidity for future borrowings or gain some additional income this year?  A great way to achieve both is by selling your guaranteed portion in the secondary market or participating with a lender interested in your non-guaranteed portion.  We have the tools and resources available to meet your needs.  Our staff will obtain bids and complete the necessary paperwork to process the sale of your loans.