Welcome to 2022! JRB Associate Paul Baker looks back on the rollercoaster ride that was 2021, how SBA's programs help save or create small business jobs -- and what's in the picture for 2022. He includes SBA Administrator Isabela Casillas Guzman's statement of continued support. And the work goes on!
"If you can't measure it, you can't improve it." Savvy management guru Peter Drucker spelled it out. Metrics: Count 'em up. "When it comes to Portfolio Servicing, metrics are a must ... for running your CDC with your Portfolio Servicing under control and compliant." Your JRB Team
On Underwriting Overload? In this time of high loan volume, important objectives like greater efficiency and process improvement can get overlooked. JRB Senior Associate Richard Jeffrey gives you his Rule of Thumb for greater underwriting efficiency.
Second in our series focusing on Servicing. We’re taking a close look at those not-so-little details that can make all the difference. When they’re missed! “If you place the emphasis on getting little things right, [...]
"For the times they are a changin' ..." Bob Dylan had it right! One thing's for sure: change is constant. So here we go again, more changes to SBA Form 159. JRB Associate Paul Baker takes you through Form 159: New Again!
“The real glory is being knocked to your knees and then coming back. That’s the real glory. That’s the essence of it.” ─ Vince Lombardi, American Football Coach After the turkey and the football, we [...]
NAGGL 2021: Just a short time ago we used “hybrid” mainly to describe a new breed of cars. Not any more! This year's NAGGL was a hybrid. Some folks showed up in person, some dialed in. No matter: Nationwide connections made! JRB Senior Associate Lisa Lerner dialed in and recaps SBA's key initiatives: small dollar loans, new technologies, and life after PPP.
CDC in crunch time? Rushing to complete those 504 loan packages so you meet the funding deadline? No time for a new Personal Financial Statement? Easy peazy: Just transfer info from a PFS the borrower gave you last year, right? So wrong. JRB Senior Associate Richard Jeffrey shows how cutting corners could spell disaster, especially if the loan goes bad, and doing it right keeps your loan on track. Whatever happens down the road.
"Back to the Future" is more than a movie title where FY 2022 SBA loan fees are concerned. That is, except for big breaks on Express Loans, for veterans and for business owners borrowing $350,000 or less. JRB Senior Associate Lisa Lerner focuses on the advantages SBA offers these borrowers.