With over 30 years of experience in setting up SBA lending departments, Tim Terry, CEO of SBA Advisors, has compiled "The Top 5 Requirements to Starting or Expanding an SBA Lending Platform.” This will be a 5 part blog series and today we kick it off with the first requirement…Knowing your PURPOSE for SBA Lending Why can SBA lending be the most successful and profitable program offered by your … [Read more...] about The 5 P’s: What is your purpose?
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 foremost, it is important to understand that the SBA credit policy forms the foundation for your SBA lending program. SBA requires it. Regulators will … [Read more...] about The 5 P’s: What is your plan? Part 2
Back in the early 90’s, I was teaching bankers how to do SBA lending. I also helped in doing credit analysis and loan packaging. Everyone called me a loan packager. As my business has evolved into setting up SBA departments and finding people to fill SBA jobs, so has the cottage industry that seeks to support small SBA lending programs. Today we call this industry that of the SBA Loan Service … [Read more...] about The Evolution of SBA Loan Service Providers
SBA Advisors announces new SBA “tradigital” marketing programs to SBA lenders across the country. Dallas, TX – Today Tim Terry, President of the 22 year old firm, SBAadvisors, Inc. announced the addition of new marketing services to banks seeking to grow their SBA government guaranty lending. “Having set up 10 SBA lending programs for lending institutions across the country, it is … [Read more...] about SBA Advisors announces “tradigital” marketing programs