Overload. We see it happen a lot, especially to our clients at small institutions that have just 1-2 people working on new loans along with everything in their existing portfolio. It’s hard to manage when new applications and servicing requests or liquidations all increase at once. Overload happens to me, too. When it does, I’m often […]
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When we were all very new to lending, a wise gray-haired lender drilled this into us: Cash Flow is the Primary Source of Repayment. We all rushed to write down those words of wisdom. And we remembered them. So went our introduction to “primary cash flow.” Now, who can lead a discussion about today’s hot topic, […]
Every SBA loan begins with high hopes. Nobody likes to think that servicing and liquidation could be lurking down the road. Then, well. It’s scramble time. So when should you begin to prepare for liquidation and your request to SBA to Repurchase the Guaranty? Easy: At Origination. We know it seems pointless and maybe a bit […]
I just came back from the NADCO Spring Summit in Washington, D.C. If you weren’t there, you missed a lot! Everybody’s in the neighborhood, so Spring Summit is our best chance to hear directly from SBA’s leadership team, get updated on program changes and to offer feedback on how to improve SBA lending. It’s also an […]
SMALL BIZ LENDING OUTLOOK: ROSY OR ROSE-COLORED GLASSES? … A BIT OF BOTH: KEEP AN EYE ON YOUR PORTFOLIONancy Tack2019-06-03T19:26:10+00:00