MBL & SBA Lending: Ways to Grow & Profit
More and more, credit unions across the country are turning to SBA lending as a great way to expand their product line and increase profits. How many of your members own small businesses? How many small businesses are in your community? If you’re an experienced lender looking to add MBL, or if you’re just starting out, JRB can get you up to speed. Take advantage of this profitable market. You’ll help members’ small businesses – and your credit union.
Licensing. JRB assists credit unions pursuing SBA licensing. We understand the special needs of credit unions in this area and have helped many credit unions make sense of the process. We can assist with policy development, compiling the necessary documentation, and completing your application so it gets approved – the first time.
SBA Policy Development. Your credit union has a culture all its own. We respect that and can assist you with developing member business lending policy compatible with your lending policy that will also satisfy the SBA’s requirements. JRB can help your credit union lay the foundation for a stable loan portfolio by helping ensure that your policies encourage safe and sensible loan approvals.