About Nancy Tack

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So far Nancy Tack has created 128 blog entries.

May 2020

April 2020

FROM RICHARD JEFFREY @ JRB … CARRYING ON: RISK RATING IN OUR TIME

Well here we are. It’s almost May. Traditionally, May 1st is marked in many ways around the world, including the related International Labour Day. For us in SBA lending, May 1st is a special day indeed. It’s the 120th day after the close of the previous year. We know what that means. It’s the day our […]

FROM REBECCA @ JRB … THE CARES ACT PPP: WHAT WE KNOW, WHAT’S YET TO KNOW

There’s so much going on in our personal and professional lives. Words are added to our everyday vocabulary: coronavirus, social distancing, personal protective equipment. Not to mention the challenges of adjusting to working from home with our families around us – and importantly – safe-guarding ourselves and our families as we go about our daily lives.

All […]

FROM RICHARD @ JRB … RETRO REGS: WHEN OLD IS NEW AGAIN

In this environment, things are moving fast. So it should be no surprise that our communications noting changes to SBA regulations don’t last longer than the time between JRB eBulletins. So it is with the Personal Liquid Resource Test.

When I said I was having a sense of déjà vu just a few short weeks ago, I […]

March 2020

FROM REBECCA @ JRB … CALM IN THE FACE OF THE STORM

The Age of Coronavirus is upon us. Our concerns for health and well-being are universal. Now more than ever, our communities need calm in the face of the storm. For America’s small businesses, it’s critical that lenders be diligent. This is your opportunity to provide the services so badly needed by our small businesses. Judging by […]

FROM RICHARD @ JRB … DÉJÀ VU ALL OVER AGAIN. AGAIN? AFFILIATION RULES REVISITED

Another look at SBA Notice 5000-20003. Like most SBA lenders, you’ve probably been focused on the Return of the Personal Resource Test. It’s big news. Yet there’s more to SBA Notice 5000-20003.

Bet you noticed that the Affiliation Rules in the Notice looked awfully familiar. You’re right. Some of the affiliation rules removed in 2016 are back […]