ATTENTION SBA LENDERS!
Effective March 1, 2013, the SBA’s new
SOP 50 57,
combines and updates the agency’s policies and procedures on 7(a) Loan Servicing & Liquidation. The new SOP replaces guidelines that covered
servicing and liquidation separately. Our JRB eBulletin highlights some of the major changes from our perspective. Check it out at the
The latest: SOP 50 57 – The SBA reviewed feedback from lenders, trade organizations and SBA staff and has issued technical corrections
to SOP 50 57. They’re listed in SBA Information Notice
5000-1276, effective April 29, 2013.
Form 912 – The SBA has published a new version of Form 912 (with changes).
Lenders should use this new version when submitting Form 912 requests.
JRB: Expertise to Produce Bottomline Results
Welcome to J.R. Bruno & Associates. As the country's leading SBA and business lending consulting firm, we've helped nearly 200 institutions create and
maintain profitable business lending programs since 1995. Our JRB Team has the expertise to develop an organization's business lending program from the
get-go and bring it to profitability. Acting as change agents on an outsource basis, we analyze current operations and staff capability and initiate
overall change, including procedures and processes resulting in a business lending sales culture throughout the organization.
Experience & Marketing Savvy
Are you a lender creating or expanding a business lending program? A business owner looking for financing?
Our JRB Team has more than 150 years of combined commercial lending experience and can assist you with every
aspect of the business loan process. No "cookie cutter" solutions here. Our services are tailored to meet
individual needs and include total outsourcing, loan packaging, portfolio review and due diligence, technical
support, business development, marketing strategies, team training and more. We look forward to helping
you achieve profitable results! Contact JRB.
Your JRB Team
"The strength of the team is each individual member ...
the strength of the member is the team"
-- Coach Phil Jackson
We look forward to serving your business lending needs!
Check out our eBulletins addressing issues critical to the business lending community.
We’re excited that CUES Business Lending Edge
online newsletter is featuring our eBulletins. Business Lending Edge is issued quarterly and is geared specifically to SBA and business lenders.
It’s one more way we serve the business lending community. Check out the latest:
Debunking the Myths of Financing Franchises.
"When we had a need, Joanna Bruno and her team were there for us. They assisted us in auditing and
then curing 88% of the documentation deficiencies in our portfolio of SBA guaranteed loans.
Additionally, they provided valuable support in qualifying, underwriting and packaging new
SBA loans that resulted in substantial fee income. Over the past 18 months we have found
J.R. Bruno’s staff to be knowledgeable and responsive. We’ve enjoyed a good working relationship!"
Cheryl L. Knight
President & Chief Executive Officer
Santa Clara Valley Bank