eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
FROM RICHARD @ JRB … DEFINING URBAN VS. RURAL: ‘WHAT’S LOVE GOT TO DO WITH IT?’
Defining Urban vs. Rural: JRB Senior Associate Richard Jeffrey takes you through what constitutes an Urban Area as the SBA defines it according to the 2020 Census.
FROM RICHARD @ JRB … ‘IT’S A SMALL, SMALL LOAN’ – OR IS IT? SBSS SCORES ARE NO SMALL MATTER
What's a Small 7(a) SBA Loan? Really? JRB Senior Associate Richard Jeffrey gives you the skinny on SBSS Scores.
FROM RICHARD @ JRB … ALL DRESSED UP AND NO PLACE TO GO. WHAT HAPPENED TO HOLD UP THE LOAN?
Your loan hit a snag. Just when you thought you'd taken care of everything. Now your loan is all dressed up with nowhere to go. JRB Senior Associate Richard Jeffrey irons out the snags, getting the loan fitted and ready to fund.
JRB e ALERT … UPDATE ON FRANCHISE LOAN ELIGIBILITY
One of the benefits of our eBulletins is being able to educate our clients and other practitioners. And sometimes practitioners educate us. In a recent bulletin about reviewing franchise agreements for eligibility, we recommended that among other [...]
FROM RICHARD @ JRB … SNOWBOUND. GREAT TIME TO READ UP ON SBA’S DENIALS OF PURCHASE OR REPAIR OF FRANCHISE LOANS
Snowbound. JRB Senior Associate Richard Jeffrey made the most of his time: reading up on SBA's reasons for denials of purchase or repair of franchise loans. Came the snowplow ... with much more info to come. Stay tuned!
FROM ALL OF US @ JRB … HAPPY NEW YEAR! BRING ON 2023!!
"It's time for us to realize that we're too great a nation to limit ourselves to small dreams." -- Ronald Reagan, 1st Inaugural Address Bring on 2023! As we turn the corner to a New [...]
FROM RICHARD @ JRB … LESSONS IN 7(a) EQUITY INJECTION: A MATTER OF DEFINITIONS … DICTIONARIES READY: OPEN!
Defining "Equity Injection" ... JRB Senior Associate Richard Jeffrey is your dictionary. With a little help from the SOP!
FROM RICHARD @ JRB … TICK TOCK. YEAR-END RISK RATING LOOMS. AVOID THOSE VISITS FROM GHOSTS OF THE TAX YEAR PAST
Lessons from Ebenezer Scrooge ... Year-end Risk Rating: JRB Senior Associate Richard Jeffrey shows you how to keep Ghosts of the Tax Year Past from haunting your portfolio.
FROM SANDY @ JRB … TOGETHER AGAIN: MEETING IN PERSON @ NADCO’S SPRING SUMMIT 22 – A QUICK RECAP
Working Together Towards the Future. What an apt title for this year’s NADCO Spring Summit, as we came together in D.C. May 15-18 for the first in-person conference in two years. It’s an apt title [...]
FROM RICHARD @ JRB … ‘SEND IN THE REGS, THERE OUGHT TO BE REGS. WELL MAYBE NEXT YEAR’ … SBA’S PROPOSED RULE TO AMEND AFFILIATION AND CREDITWORTHINESS REGS
With an apology to Stephen Sondheim’s “Send in the Clowns,” which certainly dates me, SBA has published a Proposed Rule to amend various regulations applicable to 7(a) and 504 Loans. As proposed, these will be [...]
FROM YOUR TEAM @ JRB … THINK BIG. SHOP SMALL®. SMALL BIZ SATURDAY, SUPPORT MORE IMPORTANT THAN EVER!
“…So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." ─Mark Twain After the feasting and the football, we kick off holiday shopping. Defined [...]
FROM ALL OF US @ JRB … OUR WISHES FOR A HAPPY THANKSGIVING!
At Thanksgiving … “The falling leaves … Drift by the window …The autumn leaves … Of red and gold …" ─ “Autumn Leaves” Johnny Mercer , Lyrics, Joseph Korma, Music At Thanksgiving, we have visions [...]
FROM RICHARD @ JRB … SO YOUR LOAN IS AUTHORIZED. CONGRATS! IS THE DEAL DONE? CLOSING CLOSES THE DEAL. READ ON …
Is "DONE" really mean the deal is DONE? So you've checked off "DONE" when your SBA loan is authorized. And you think you're done. Ha! JRB Senior Associate Richard Jeffrey takes you through the Odyssey of Loan Closing.
FROM RICHARD @ JRB … COLORADO CALLS. AND WE ANSWER – ‘YES, WE’LL BE THERE FOR NADCO’S NOW CONFERENCE NOV. 14-17!’
JRB will soon pack up and head for Colorado's Rocky Mountains and NADCO's Now Conference, November 14-17. NADCO is always an important conference for the CDC/504 industry. Attendees: Stop by our booth to discuss how J.R. Bruno can help your CDC grow in expertise and volume.
FROM RICHARD @ JRB … THE FEES ARE COMING, THE FEES ARE COMING. LET’S TALK ABOUT ’EM
The Fees are Coming, and Soon ... JRB Senior Associate lays into his coverage of the upcoming FY23 7(a) fees. Check out this first of his JRB eBulletins answering the questions, "What's New?"
FROM RICHARD @ JRB … THE CASE OF THE LIENING HOUSE: SOLVING THE CASE AND RESOLVING TWO MYSTERIES
JRB Senior Associate Richard Jeffrey solves The Case of the Liening House. Can a house be pledged as collateral for a commercial loan? Can a house listed for sale be listed as collateral for a commercial loan? Elementary, dear lenders.
FROM RICHARD @ JRB … HAVE YOUR BORROWERS HEARD FROM THE INSPECTOR GENERAL LATELY? IF NOT, LIKELY THEY WILL. IT’S ABOUT YOUR PPP AND EIDL LOANS.
The Inspector General calling your borrowers? It's happening. It's about your PPP and EIDL loans. JRB Senior Associate gives you the skinny on the federal legislation that extends the statute of limitations on fraud-related PPP and EIDL loans. Best to be prepared so you can inform your borrowers when they call you!
FROM RICHARD @ JRB … SBA LOAN RISK RATING: EASY AS THE ‘5 C’s OF CREDIT’ … OR ASSIGN YOUR OWN RATING NUMBERS?
Risk Rating: By the numbers according to your Policies & Procedures. How it works: JRB Senior Associate Richard Jeffrey takes you through it.
FROM RICHARD @ JRB … WHY IS SBA DEBT REFI SO HARD? WAYS TO MAKE IT NOT SO HARD. READ ON …
Why is debt refi so hard? JRB Senior Associate Richard Jeffrey's late-night chat with a bunch of lenders takes you through the "What ifs?" -- helping make it not so hard.
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