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Author Archives Prudent Lenders

Updated SBA 7a Loan Program Credit Standards

Posted by Prudent Lenders in Blog, News with No Comments

The U.S. Small Business Administration (SBA) is announcing revisions to Standard Operating Procedure (SOP) 50 10 5(F) applicable to the credit standards for 7(a) Small Loans (except SBA Express and Export Express) and related requirements. SBA is reducing duplicative requirements for 7(a) Small Loans in the continuing effort to streamline and reduc...

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Join our June 17th Webinar

Posted by Prudent Lenders in Blog, News with No Comments

What are the Critical steps a Prudent Lender must do as a SBA Loan Approaches 60 days Delinquent? Tuesday, 2:00PM EST, June 17th 2014 Price: $289 Length: Approximately 75 minutes One of the most critical times to understand proper SBA Servicing is when your SBA Loan becomes a non-performing loan. Not properly servicing a non-performing […]...

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Top SBA Officials Confirmed for NADCO 2014 Annual Meeting

Posted by Prudent Lenders in News with No Comments

At least 10 senior SBA officials will join NADCO’s 2014 Annual Meeting at the historic Broadmoor Hotel in Colorado Springs April 30-May 3. Don’t miss this critical opportunity to get the latest information on new governance regulations and implementation of changes in the personal resources test, the nine-month rule, etc. Officials joining the ...

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