Business Development is critical to loan origination. Our services include:
- Present initial loan prospects to Bank Credit Administrator for preliminary discussion purposes.
- Assist Bank staff with developing qualified leads.
- Expand geographic lending footprint without effecting the “community bank” mission of servicing your local community.
Underwriting is critical to credit quality. Our services include:
- SBA eligibility determination.
- Borrower prequalification.
- Preparation of SBA Lender’s Credit Memorandum and Spread Analysis.
- Use of suitable loan proceeds determination.
- Borrower and Bank consultation to determine proper loan structure.
- Site visits according to Bank credit policy.
- Assist with third party report evaluation and review.
Loan Processing is critical to SBA loan package submission. Our services include:
- Preparing complete SBA loan package
- Borrower signing of SBA loan package.
- Liaison with SBA to respond to SBA questions or additional information and documentation requests.
- Create digital credit files for Disaster Recovery.
Loan Funding is critical to Bank underwriting and SBA loan compliance. Our services include:
- Review loan documentation for Bank and SBA compliance.
- Assist with gathering necessary loan documents for funding.
- Assist funding staff with obtaining necessary third party documents such as insurance.
- Review third party documents such as preliminary title report and UCC searches to protect bank’s interest.
Servicing is critical to portfolio maintenance and performance. Our services include:
- Periodic review of financial statements furnished by borrower at bank request.
- SBA servicing actions such as release of collateral.
- SBA loan modifications.
- SBA guaranty purchase support.
- Annual site visits to borrower at bank request.
Portfolio Review is critical SBA loan guaranty compliance. Our services include:
- Semi-annual portfolio review for SBA compliance to insure SBA guaranty is protected.
- Establish and recommend procedural guidelines.