The CARES Act Chronicles continue. We’re in Episode III: What to do as deferments wind down? Defer or not defer? Wait for CARES Act payments to resume? As we wait for further guidance from the SBA, JRB's Paul Baker gives you some.
“The best and most beautiful things in the world cannot be seen or even touched. They must be felt with the heart. Wishing you happiness.” -HELEN KELLER Warm wishes for a healthy and happy Holiday [...]
So you've eaten your turkey sandwich and gobbled up the last of the pumpkin pie. Time to work: Today’s low interest rates are causing a boom in the market for 504 refi's with or without expansion, leaving some CDCs unprepared. JRB gives you the info!
“O beautiful for spacious skies/For amber waves of grain ...” Thanks to lenders across the country for giving us at JRB the opportunity to serve your SBA and business lending needs. From sea to shining sea …” We’re on your team. Warmest Thanksgiving wishes from all of us at JRB.
Ask the Experts! Monthly Series Laser-Focused on One Topic Each Session THIS WEEK'S TOPIC: EPC/EOC CHALLENGES This Thursday, December 10 ⸴ 1 p.m. Eastern ∙ Noon Central ⸴ 10 a.m. Pacific Thanks to everyone who [...]
NAGGL’s Annual Conference just wrapped up. Virtual didn’t matter. While we missed the personal networking, everyone was as involved and as full of questions as NAGGL’s in-person conferences have always been. Maybe more so. Not [...]
Annual Loan Reviews: They're Important -- Especially Now! With the new SOP including COVID-19 analysis for new loans, don't let Annual Loan Reviews simmer on the back burner until the pot boils over at year end!!
Four guys walked into a bar… This old thing? Really? Of course there's a 504 situation. These guys are buying the bar with three of them owning less than 20%. Personal guarantees not needed, right? It's not that simple!
Even experienced 504 lenders come across situations they haven’t dealt with before. Like this question that came in the other day: Joe Lender. Richard, we have a 504 loan request from a lender who financed [...]
Dale hired new lenders for his SBA department, and engaged me to train them. But he wasn’t able to attend any training sessions. So imagine his surprise when the loan officers started asking businesses for [...]