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A Guide to the Consolidated Appropriations Act
The Consolidated Appropriations Act has been passed and signed into law. Here, we summarize the key provisions for your business clients.
Lending Tips
Update: PPP and Other Small Business Support
This article provides a high-level overview of the new stimulus package and other support, especially as it relates to you and your borrowers.
Prudent Lenders’ Updated Closing Process
If you’re a client of Prudent Lenders, reference these instructions when closing an SBA 7(a) loan.
Lender’s Guide to COVID-19-Related Loan Modifications
In this guide, Prudent Lenders clients will learn how to easily and quickly submit a request for a loan deferral.
On-Demand Webinar: COVID-19: Next Steps for SBA Lenders
In this brief, 7-minute webinar, Prudent Lenders clients will receive valuable information on steps to take to support small businesses now.
COVID-19 Lender Resources: Loan Modifications
COVID-19’s impact continues to be widely felt. For the SBA lending industry, this is particularly important because Section 1112 of the CARES ACT—which permitted the SBA to make up to six months of payments for SBA borrowers—closes at the end of September. In October, payments will resume as normal for most clients in your portfolio. …
Why the Best Lenders are Also Teachers
Prudent Lender’s CEO lays out ways to provide your clients with education that will help them navigate their economic futures post COVID-19.
Lenders’ Field Guide to the Paycheck Protection Program
The Paycheck Protection program is here! Learn how to successfully guide your clients through the application, underwriting and closing process with our helpful guide. Introduction Whether you’re a long-time SBA lender or joining the program to help rescue a small business and their staff, let’s face it—the Paycheck Protection Program (PPP) can seem overwhelming. Why? …
Lenders’ Field Guide to the Paycheck Protection Program Read More »
Small Business Lenders’ Guide to the CARES Act and Paycheck Protection Program
Congress has passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, providing some relief for small businesses during this challenging time.
COVID-19 Resources for Lenders
We’ve aggregated the latest information on COVID-19 resources for SBA lenders.