Prudent Lenders is a venture which will launch in July to provide a platform designed to empower Community Banks, Community Development Financial Institutions (“CDFI’s”) and Economic Development Organizations to offer and manage the United States’ Small Business Administration’s (“SBA”) 7a, 504 and Community Advantage loan programs to the business communities they serve in a way that minimizes compliance risks while maximizing overlooked revenue streams. Our model is unique and we believe it will best empower such institutions to provide their small business communities with access to capital: with marked increases to the bottom-line of both lenders and commercial borrowers alike.
The Prudent Lenders vehicle combines the processing, closing and servicing platform of one of the nation’s largest SBA Lenders, with specialized SBA 7a & 504 Sales, Marketing & Training resources. The combination of those tools with our nationally-recognized partners in SBA software, documentation management, legal, and loan review services makes Prudent Lenders one of the best outsourcing options for lenders today.
You, the lender, will originate loans while we will process, close and service those loans with speed and efficiency, but also with the added peace of mind that it was “done right”: efficiency in government-guaranteed lending today necessarily includes the confidence that your lending program is materially compliant. We are passionate about what we do because we know that the only profitable lenders are prudent lenders.