FROM LORI @ JRB … SBA LOAN PAYMENT RELIEF: GET READY AS THE FIRST BATCH OF PAYMENTS WINDS DOWN
Getting Prepared! Next month, SBA’s six months of loan relief payments under the CARES Act Section 1112 start winding down for loans.
Getting Prepared! Next month, SBA’s six months of loan relief payments under the CARES Act Section 1112 start winding down for loans.
Getting Prepared: It’s not such long time from March to September. Next month, SBA’s six months of loan relief payments under the CARES Act Section 1112 start winding down for loans for which SBA began making six monthly payments in April 2020.
REBECCA MENDOZA MARKS 10 YEARS WITH JRB!
REFLECTIONS ON A DECADE OF TRAVELING THE SBA ROAD
WITH GREAT SBA LENDERS ACROSS THE COUNTRY …
Ten years in one place in our industry doesn’t happen often these days. I am happy to say my decade with J.R. Bruno & Associates has been an amazing ride – and is still […]
FROM RICHARD JEFFREY @ JRB …
IT’S THE USA’s SBA – THEN WHAT ABOUT LOANS TO BUSINESSES
OUTSIDE THE UNITED STATES?
Our federal government’s Small Business Administration is unique around the globe – a government entity designed to boost local small business communities and the country’s economy with subsidized business loans. But things can get complicated […]
JRB eAlert!
WE’RE HITTIN’ THE QUALITY CIRCLE CIRCUIT!
Georgia Lenders Quality Circle SE/South Eastern Small Business Lenders Conference ∙ 3/7-3/9
Western Pennsylvania Quality Circle Conference ∙ 3/14-3/16
From the hills of Asheville, North Carolina to the snowy slopes of Western Pennsylvania, we’re meeting up with SBA leaders and lenders from up and down the Eastern Seaboard at back-to-back conferences in […]
Focusing on Fees. Sections of the newly minted SOP 50 10 5 (J) reinforce the Office of Credit Risk Management’s increased oversight of SBA lender relationships with – and fees paid to –Packagers/Referral Agents/Lender Service Providers. That’s a big signal for ongoing due diligence and careful review of your third party vendor procedures to make […]
Hot issue! As more and more states are making marijuana sales legal, it looks like SBA and the Department of Justice are thinking along the same lines when it comes to retail marijuana businesses. The DOJ has issued new directives and the SBA has incorporated new language in the very latest version of SOP 50 […]
FROM RICHARD JEFFREY @ JRB …
In a recent eBulletin we took a look at a case study involving two “associates” and what they went through to make SBA construction and 504 loans work for their project. Rough waters all the way around. There could have been smooth sailing if these applicants had been up to speed […]