SBA 504 borrowers are doing what? Rising interest rates are putting CDCs on overload with borrowers looking to cancel Authorized loans. What's a CDC to do? JRB Senior Associates Richard Jeffrey and Sandy Mortan give you the lowdown. Interest Rates: Big-Big topic @ NADCO's Spring Summit 22 May 15-18.
JRB celebrates SBA in May, honoring America's small businesses during National Small Business Week, May 1-7. And on May 10-12, gathering with small business lenders, federal legislators and key SBA staff at NAGGL Atlanta for the latest scoop on all things SBA.
'A Little Bit of Country' ... and not a whole lot of Rock 'n Roll as underwriters Jolene and Diane argue about omissions in the credit memo for a new SBA loan. Chief Underwriter Dolly clears it all up. Saved by the Belle!
From boon to somewhat of a bust! Turns out, the annual Labor Surplus Area list published last October 1 was incorrect. Not to worry. Need the new list? Get your red-hot revised LSA list from JRB Senior Associate Richard Jeffrey!
Welcome to 2022! JRB Associate Paul Baker looks back on the rollercoaster ride that was 2021, how SBA's programs help save or create small business jobs -- and what's in the picture for 2022. He includes SBA Administrator Isabela Casillas Guzman's statement of continued support. And the work goes on!
"If you can't measure it, you can't improve it." Savvy management guru Peter Drucker spelled it out. Metrics: Count 'em up. "When it comes to Portfolio Servicing, metrics are a must ... for running your CDC with your Portfolio Servicing under control and compliant." Your JRB Team
On Underwriting Overload? In this time of high loan volume, important objectives like greater efficiency and process improvement can get overlooked. JRB Senior Associate Richard Jeffrey gives you his Rule of Thumb for greater underwriting efficiency.
Second in our series focusing on Servicing. We’re taking a close look at those not-so-little details that can make all the difference. When they’re missed! “If you place the emphasis on getting little things right, [...]
"For the times they are a changin' ..." Bob Dylan had it right! One thing's for sure: change is constant. So here we go again, more changes to SBA Form 159. JRB Associate Paul Baker takes you through Form 159: New Again!
“The real glory is being knocked to your knees and then coming back. That’s the real glory. That’s the essence of it.” ─ Vince Lombardi, American Football Coach After the turkey and the football, we [...]