Blogs

The Top 5 Requirements to Starting or Expanding an SBA Lending Platform: #2 PLAN, part c

How Much Does It Cost to Get Started and When Should We Expect to Break Even? With any new business plan, we want to know all about the investment needed and the timeline to profitability.  As a Commercial/SBA Lender, you need this knowledge to...

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The Top 5 Requirements to Starting or Expanding an SBA Lending Platform: #4 PROCESS

Best Practices in SBA Lending  Compliance and the SBA Guaranty The fourth “P” is Process At the beginning of this blog series, we discussed the foundation of an SBA lending platform: the SBA Credit Policy (aka: the PLAN). ...

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The Top 5 Requirements to Starting or Expanding an SBA Lending Platform: #3 PEOPLE

Best Practices in SBA Lending Staffing or Using an LSP As mentioned in earlier blogs, there is a lot of SBA compliance that factors into a successful SBA lending platform. To maintain a consistent compliant process, it takes experienced SBA...

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The Top 5 Requirements to Starting or Expanding an SBA Lending Platform: #2 PLAN, part b

Why Have A Stand-Alone SBA Credit Policy From the last blog, we discussed having a Plan for SBA lending starting with a stand-alone SBA credit policy.  Let’s continue the discussion on the mandate for an SBA Credit Policy. First and...

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The Top 5 Requirements to Starting or Expanding an SBA Lending Platform: #2 PLAN, part a

In part two of this series on “The Top 5 Requirements to Starting or Expanding an SBA lending Platform”, we address the requirement of having a PLAN. When would you ever make a loan to a new company without seeing their business...

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