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The SBA Guarantee: The Cornerstone of SBA Lending
Learn how the SBA guarantee allows lenders to capture and close loans that fall outside their current credit box.
Tools
Our Fast Track Assessment Makes the SBA Loan Eligibility Process Easier for You
What is Prudent Lenders’ Fast Track Assessment? And how does it make the SBA loan eligibility process easier for you? Find out in this overview.
Using the SBA 7(a) as a Business Acquisition Loan
The U.S. Small Business Administration (SBA) 7(a) loan program is an excellent business acquisition loan for lending institutions to support clients who want to acquire existing small businesses, including franchises. Through this program, SBA 7(a) loans are available up to $5 million and recent modifications to SBA requirements have made this program even more accessible …
Using the SBA 7(a) as a Business Acquisition Loan Read More »
Prudent Lenders’ Updated Closing Process
If you’re a client of Prudent Lenders, reference these instructions when closing an SBA 7(a) loan.
SBA 7(a) Loan Requirements, Uses and Fees
This overview of the SBA 7(a) loan program will help you better identify qualified borrowers and set proper client expectations.
SBA Guidelines: Affiliations and Loan Eligibility
Learn how the SBA defines “affiliation” and what that means for your small business borrowers.
The SOP: Your Rule Book for SBA Lending
The SBA SOP outlines critical requirements lenders must follow to obtain and maintain their guarantees. Learn why and how lenders must follow it.
SBA Guidelines: Debt Refinance Eligibility
Review these the requirements for using SBA loan proceeds for refinancing debt along with the SBA SOP when working with your borrower.
What is a Lender Service Provider?
Working with a skilled partner ensures that when a loan goes bad, your SBA guarantee does not. Learn about the benefits of an LSP partnership.
SBA For Lenders: Application Through Closing
The SBA loan application process doesn’t need to be confusing. These steps ensure a smooth process from loan intake through closing.