News Releases
News Releases
Major Updates Coming to P.P.P.
H.R.7010 has been passed. Here are the strucutral changes coming to P.P.P. loans.
PPP Forgiveness Application
The P.P.P. Forgiveness Application has just been released. Find out what you need to know.
Don’t Let the 7(a) Program Shutdown
Sign the petition today.
SBA Updates on PPP & 7(a) Latest News
Updates on possbile 7(a) program shutdown, 4506-T requirement changes, and updated PPP FAQs.
SBA Updates Regarding PPP & EIDL
Overview on the SBA’s Paycheck Protection Program and Economic Injury Disaster Loans.
Understanding Lender Collateral Values in 2020
When it comes to acquisition lending that includes a “goodwill” component, the consideration always turns to collateral values and what amount a lender might secure to minimize their exposure and comply with SBA rules. The answer is not as simple as you might expect.
Protecting Outside Investors When Using SBA Financing
protecting outside investors when using sba financingEach year, a large percentage of our transactions will include one or more silent investors. These investors are typically willing to assist with the down payment, but will always prefer to limit their exposure to...
Understanding Lending Coverage Ratios
We’ve all heard many of these terms before, but do you really understand a lender when they are telling your borrower that the 1.15 ratio is not in line?
Happy Holidays To All Our Wonderful Friends
As we usher in the new year with great celebrations and expectations for 2020, we want to take this moment to express our heartfelt gratitude to you, our brokers, our friends.
Can Your Buyer Really Afford A Fixed Rate Loan?
The calls come in almost daily here in our shop, with the first question at times being, can you offer a fixed rate loan? Our response is always the same, can you afford it? What many clients don’t understand, and/or are not explained, is that fixed rates come at a cost.