eBulletin Archives
Business Lending Community ‘Must Reads’
We provide an ongoing stream of articles on issues concerning the business lending community.
FROM RICHARD @ JRB … HEY, 7(a) LENDERS: FEES, WE’VE GOT FEES! – AN OVERVIEW OF 7(a) FEES FOR FY 2024 …
Hey, 7(a) Lenders! JRB Senior Associate Richard Jeffrey gives you an overview of 7(a) fees for FY 2024.
FROM RICHARD @ JRB … TO SIGN OR NOT TO SIGN? DO I GET QUESTIONS ABOUT SIGNATURES DURING 504 APPLICATION? OH BOY, DO I! CHECK OUT THESE THREE …
What’s that definition of insanity? “Doing the same thing over and over again but expecting different results.” That statement is attributed to Albert Einstein. I read the other day that Einstein never said it. Well, [...]
FROM RICHARD @ JRB … AUNT SADIE’S GOT A NEW BUSINESS. AND THERE’S A NEW SOP. SO WHAT’S CHANGED?
Good news for startups! JRB
FROM RICHARD @ JRB … HEY, SBA LENDERS! HERE’S A SMASHINGLY GOOD IDEA: REFI YOUR 7(a) LOANS TO 504s AND SAVE YOUR BORROWERS $$$. AS EASY AS IT SOUNDS? WELL …
When is a "smashingly good idea" not as easy as it sounds? JRB Senior Associate Richard Jeffrey clues you in.
FROM RICHARD @ JRB … ABOUT THAT EPC/OC LOAN – SEARCHING THRU THE NEW SOP: ‘NOW, WHERE IS THAT RULE?’
If you have ever studied Philosophy, you have run into Diogenes. Even if Philosophy wasn’t in your study plan, chances are you’ve seen paintings depicting Diogenes as an older man, holding a lantern as he [...]
FROM RICHARD @ JRB … SIZING IT UP: SBA’S NEW PROPOSED RULE — ADJUSTMENT OF ALTERNATIVE SIZE STANDARD FOR 7(a) AND CDC/504 LOANS
It's only 13 years in the making! JRB Senior Associate Richard Jeffrey sizes up SBA's Proposed Rule to change the alternative size standard for 7(a) and 504 loans.
FROM ALEX @ JRB … EAST COAST LENDERS: CHANGES ARE COMING, CHANGES ARE COMING! MEET UP WITH ME IN BOSTON @ AMERICA EAST ’23.
JRB is coming, JRB is coming! The America East Conference '23 in Boston promises to be chock full of issues important to SBA lenders. Attending such conferences as America East helps give the JRB Team tools to provide the latest information and the best possible service.
FROM RICHARD @ JRB … SINGIN’ FOR THE FRANCHISE DIRECTORY: ‘YOU DON’T KNOW WHAT YOU GOT ’TIL IT’S GONE’
Survival without the Franchise Directory? JRB Sr. Associate Richard Jeffrey reviews key issues to consider when lending to a franchise.
FROM RICHARD @ JRB … GETTING TECHNICAL HERE: INCLUDE THE EPC IN THE AFFILIATION ANALYSIS FOR AN EPC/OC LOAN? CLEARING IT UP.
Looking at EPC/OC loans: Include the EPC in the affiliation analysis? JRB clears it up!
FROM RICHARD @ JRB … SPRINTING TO THE NEW SOP: IS YOUR LOAN POLICY IN COMPLIANCE? BETTER CHECK IT OUT!
Hurry! Quick!! Take a look at your loan policy. Changes are comin' in the new SOP. Make sure you're up to speed. JRB Senior Associate Richard Jeffrey takes you thru a couple scenarios.
FROM RICHARD @ JRB … IS SOP 50 10 7 WRITTEN IN STONE? WELL, NOT QUITE. TECHNICAL CHANGES ARE COMING!
Got eye strain from reviewing SOP 50 10 7? Seen some inconsistencies? Many changes, so it's understandable. SBA's got it covered. Watch for technical changes to start rolling out any day now.
FROM RICHARD @ JRB … SBA’S REQUIRED DEBT SERVICE COVERAGE: HOW MUCH IS ENOUGH? WELL, I’LL TELL YOU
Just how much debt service coverage does SBA require? The agency doesn’t impose one ratio that fits all, says JRB Senior Associate Richard Jeffrey. Read on ...
FROM RICHARD @ JRB … PARTNERSHIP BUYOUTS CAUSING YOU ANXIETY? RELIEF IS ON THE WAY: SOP 50 10 7 TO THE RESCUE!
FROM JRB ... Breaking up hard to do? SOP 50 10 7 Gives relief to partnership buyouts for buyers, sellers and lenders.
FROM RICHARD @ JRB … IS PROPERTY INSURANCE ‘ALL BUTTONED UP’ IN YOUR LOAN PORTFOLIO? MAYBE. MAYBE NOT. BETTER CHECK!
Are you sure insurance is "all buttoned up" in your loan portfolio? Check out these 3 Common Errors. And clean 'em up before the next independent loan review – or worse, regulatory review! – finds one or more!!
FROM RICHARD @ JRB … QUESTIONS, WE GET QUESTIONS: IS THE PERSONAL RESOURCES TEST DUE FOR A COMEBACK?
At JRB, we still get asked: How much personal liquidity does SBA consider "excessive?" Is this hangover from good ol' Credit Elsewhere still hanging around? Just to be sure. JRB Senior Associate Richard Jeffrey takes a deep dive into SOP waters ... 50 10 6 ... And 50 10 7.
JRB eAlert! FROM YOUR JRB WEBINAR TEAM … JRB’s SOP WEBINAR SERIES POSTPONED! HERE’S WHY …
eAlert! FROM YOUR JRB SOP WEBINAR TEAM ... We're postponing our SOP Webinar series so we can analyze -- and better address -- the issues surrounding SOP 10 7. Stay tuned for our new Schedule!
FROM RICHARD @ JRB … SBA’S NEW REGULATORY CHANGES: CA SBLC IMPLEMENTATION BEGINS!
SBA CA SBLC implementation begins! JRB Senior Associate Richard Jeffrey walks you through the alphabet soup.
FROM RICHARD @ JRB … CFPB FINAL RULE CHANGES SMALL BIZ DATA COLLECTION LANDSCAPE
CFPB Final Rule: How Modifications to Dodd-Frank Could Affect You. JRB Senior Associate Richard Jeffrey takes you through it.
FROM RICHARD @ JRB … ‘GREEN, GREEN, IT’S GREEN THEY SAY.’ SBA GREEN LIGHTS EXCEPTION TO THE ‘THREE GREEN LOANS’ LIMIT
SBA green lights exception to the "three green loans" limit. But it's not automatic. JRB Senior Associate Richard Jeffrey tells you how it works.
FROM RICHARD @ JRB … SBA’s FINAL RULES KEEP POURING IN. THE LATEST: NO MORE LOAN AUTHORIZATION REQUIREMENT. REALLY? READ ON …
Like April showers, new SBA loan regs keep pouring in. The latest two take effect in mid-May and look to significantly reshape the scope of SBA lending.SBA guru, JRB Senior Associate Richard Jeffrey, takes you through the Final Rules, published in the Federal Register April 10, 2023 and 12, 2023.
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