eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
FROM RICHARD @ JRB … IS HE HIS BROTHER-IN-LAW’S INN KEEPER? FOR SBA LOANS, IT’S ALL RELATIVE!
From Richard @ JRB ... Is he his brother-in-law's inn keeper? For SBA loans, it's all relative! ! JRB Senior Associate Richard Jeffrey plows into "Affiliation by Identity of Interest."
FROM PAUL @ JRB … POST-CLOSING LOAN REVIEWS: TAKING TIME TO DO THEM RIGHT!
Is slower ever better You bet! When it comes to post-closing loan reviews, pick your mantra: "Slow and steady wins the race," Measure twice, cut once," and especially "Don't close the barn door after the horse is gone." JRB Associate Paul Baker walks you through it. The process, that is!
FROM RICHARD @ JRB … WHAT’S 504 ELIGIBLE, OFFICE BUILDING OR CHICKEN COOP? ‘THINGS ARE SELDOM WHAT THEY SEEM!’ I
What's 504 eligible? Office building? Chicken coop? Are things really seldom what they seem? JRB Senior Associate Richard Jeffrey gives you a great read -- and some learning, too.
FROM LISA @ JRB … EQUITY INJECTION: FUNDAMENTAL TO SBA LENDING – PROTECT YOUR GUARANTY!
They say, “The only thing constant is change” PPP, Flood of SBA Notices. Revisions. Program Changes. New Guidance. Yet some things haven’t changed: the fundamentals of our business. Key Fundamental: Equity Injection. JRB Senior Consultant Lisa Lerner takes you through it. Equity Injection. The rules haven’t changed. Yes, until the end of SBA’s fiscal year, 9/31/21, there are no guaranty or servicing fees. Yet we must remember that Equity Injection rules are the same. Did you know … In some cases, equity injection is a reason for denial or repair to the guaranty of an SBA loan – and that issue is magnified with SBA if a loan defaults within the first 18 months?
FROM RICHARD @ JRB … APRIL 1 DEADLINE: DOES YOUR ENVIRONMENTAL QUESTIONNAIRE COMPLY? NO FOOLIN’!
Does your Environmental Questionnaire Comply? SBA gives lenders an April 1st Deadline. No Foolin'! JRB Senior Associate takes you through the process.
FROM PAUL BAKER @ JRB … YOU’RE IN THE GAME. GET READY FOR CURVEBALLS!
You're in the Game. Get ready for the curveballs. It's Spring Training for the boys of summer and the curveballs are coming. It's Spring Training for SBA lending too. We've seen a few curveballs already with more on the way. Fast balls too. JRB Associate Paul Baker gives you the score.
FROM RICHARD @ JRB … ALL ABOUT NAICS: ARE WE HAVING FUN YET?
From Richard @ JRB ... All about NAICS: Are We Having Fun Yet? NAICS fun? Really? Check out J.R. Bruno's Richard Jeffrey's take on what's cool! Plus, get all the info.
FROM LISA @ JRB … NEWS FROM D.C. JUST KEEPS ON COMING: PPP ACCESS GETS EASIER FOR ‘MOM AND POP’ SMALL BUSINESSES AND OTHERS
News From D.C. Just Keeps On Coming. Taking Care of Mom & Pop. PPP Access Gets Easier for Their Businesses and Others. JRB Associate Lisa Lerner takes you through it all!
FROM SANDY @ JRB … ‘YEAR-END STATEMENTS’ – ARE THEY REQUIRED?
Do lenders really need to send year-end statements? JRB Senior Associate Sandy Mortan gives you a run-down of all the information.
FROM LISA @ JRB … SBA NOTICES: THEY JUST KEEP ON COMING
SBA PPP Notices: They Just Keep Coming! JRB Associate Lisa Lerner gives you a rundown along with her take on significant provisions, Lace up your track shoes. We're in the race. And we're just at the starting gate..
FROM RICHARD @ JRB … A COLLECTION OF CASE STUDIES – AND LESSONS LEARNED
From Richard @ JRB ... A Collection of Case Study -- And Lessons Learned! From his catalogue of client experiences, JRB Senior Associate Richard Jeffrey takes us thru some real-life CDC/504 cases. Lessons learned? You bet!
FROM PAUL @ JRB … REALLY BIG NEWS! CARES ACT PAYMENTS ROUND 2 BEGIN FEBRUARY 1st!!
Big news! CARES Act Section 1112 Round 2 payments begin February 1!! Celebrate. Much needed payments for SBA borrowers. And Guidance for lenders! JRB Associate Paul Baker breaks it all down.
FROM RICHARD @ JRB … FROM DAY 1: KEEPING YOUR NAME IN THE GAME – AND THE NEWS!
From Dy 1: The name of the game is to keep your name in the game! And the news. J.R. Bruno's Richard Jeffrey clues you in!
JRB’s 504 WEBINAR SERIES ‘ASK THE EXPERTS!’ CHECK OUT THIS WEEK’S HOT TOPICS!!
Welcome to JRB's 'Ask the Experts!' This 504 Webinar series allows us to laser in on hot topics and features a real-time Q&A. Next up: Thursday, April 16. 1 p.m. Eastern ∙ Noon Central ∙ [...]
FROM PAUL @ JRB … ROUNDING THE CARES ACT CORNER: DEFERMENTS WINDING DOWN. NOW WHAT?
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.
FROM RICHARD @ JRB … INDIVIDUAL OWNERSHIP: GETTING DOWN TO BUSINESS
Individual Ownership; When is a person a business eligible for an SBA loan? JRB irons out a tangled web!
FROM ALL OF US AT JRB … HOLIDAY WISHES
“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 [...]
FROM RICHARD @ JRB … DEFINING ‘SMALL BUSINESS’ – DOING THE SIZE STANDARDS MATH
Defining a "Small Business" -- JRB Does the Size Standards Math. And it all adds up!
FROM REBECCA @ JRB … FLEXING OUR 7(a) MUSCLES WITH DEBT REFI – ‘AND’ AN SOP READERS GUIDE
At JRB, we're flexing our 7(a) muscles with debt refi. Check our our SOP Readers Guide!
FROM RICHARD @ JRB … GETTING BACK TO WORK – SERVING UP 504 DEBT REFI
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!
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