eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
JRB WEBINAR SERIES ‘ASK THE EXPERTS!’ CHECK OUT THIS WEEK’S HOT TOPICS!!
Welcome to JRB’s new Webinar Series, Ask the Experts! This series allows us to laser in on hot topics, and features a real-time Q&A. Next up: Thursday, January 21. 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!
FROM YOUR TEAM@ JRB … GIVING THANKS …
“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.
JRB e ALERT! NEW 504 WEBINAR SERIES: ‘ASK THE EXPERTS!’
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 [...]
FROM REBECCA@ JRB … NAGGL’S ANNUAL CONFERENCE – VIEWS FROM THE VIRTUAL EXPERIENCE
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 [...]
FROM RICHARD @ JRB … QUESTIONS, WE GET QUESTIONS: ALL ABOUT RESIDENCES! ELIGIBLE OR INELGIBLE?
Questions, We Get Questions: All about SBA residence requirements. Eligible? Ineligible? At JRB we've got the answers!
FROM REBECCA @ JRB … ANNUAL LOAN REVIEWS: WHY THEY’RE IMPORTANT – ESPECIALLY NOW!
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!!
FROM RICHARD@ JRB … CREDIT ELSEWHERE ROUND 2: WHAT? MORE CERTIFICATIONS? THEY’RE IN THE SOP
Think you know everything there is about Credit Elsewhere? Think again! Check out the new SOP!!
FROM RICHARD @ JRB … BUYING A BAR: QUESTION ABOUT GUARANTORS … WHAT DO YOU REALLY NEED?
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!
FROM LORI @ JRB … SBA LOAN PAYMENT RELIEF: GET READY AS THE FIRST BATCH OF PAYMENTS WINDS DOWN
Getting Prepared! Next month, SBA’s six months of loan relief payments under the CARES Act Section 1112 start winding down for loans.
FROM RICHARD @ JRB … CAN 504 LOANS BE USED TO PURCHASE STOCK? BUT OF COURSE. HERE’S HOW!
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 [...]
JRB e ALERT! FROM REBECCA @ JRB … NAVIGATING PPP LOAN FORGIVENESS: WHAT’S A LENDER TO DO? CHECK OUT JRB’S NEW INFO TOOL!
Well, here we are. Mid-August and the PPP program closed over the weekend on August 8. It seems we’ve been living with the Paycheck Protection Plan for ages, but it just began in April. Since [...]
JRB WEBINAR COMING UP THIS THURSDAY! CHECK OUT THIS WEEK’S HOT TOPIC: WHY YOU SHOULD BE DOING DEBT REFINANCE WITHOUT EXPANSION
JRB 504 Webinar coming up! Hot topics for Thurs. Sept. 24: Lots of SOP 50 10 6 info -- and more! Tune in!!
FROM RICHARD @ JRB … NEED FORM 912? OR 652? ONLY IF YOU’RE HEADED ‘BACK TO THE FUTURE’
I got a question the other day that took me back to the days of sock hops, 45 rpm records, malt shops and Sha-Nah-Nah. Not that I remember them, of course! Put a Nickel in [...]
FROM RICHARD @ JRB … HELEN & TROY: GETTING ORG DOCS @ APPLICATION – OR PUTTING THE CART BEFORE THE HORSE?
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 [...]
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