Why SBA?

Longer terms than the bank might normally allow

With an SBA guarantee, a seven-year term can be offered on inventory and equipment and real estate loans can be as long as 25 years

Make a loan the bank cannot make otherwise

Startups, certain types of businesses, and shortfalls in collateral are good reasons to use an SBA guarantee to overcome these types of obstacles in order to make the loan rather than decline it

Additional profits

The 75% guaranteed portion of the loans are marketable in the secondary market and can increase the profits on the bank’s portfolio

SBA loans are NOT that much harder than a regular conventional commercial loan

The bank already has a commercial lending department and servicing setup for these loans.  An SBA loan primarily needs direction on the front end, including structure and eligibility, and closing

Why Us?

An SBA loan is an SBA loan, and the SOP is still the SOP, so why use us?

Personal service

Located in North Texas so if you need us to talk to or visit the borrower with you, we are available to do so.  We are not so large that you will get lost in the shuffle.

Reasonable costs

It is our opinion that that if you wish to do SBA lending, your costs can be made variable vs. paying wages and benefits for a whole SBA department.  If additional expertise is required, the difference in costs can help the bank pay for that expertise.

Experience                           

Our experience includes both marketing and credit, including time actually as a loan officer at SBA. 

Quality of Work

Our work has been reviewed by PLP audit and an outside LSP with no deficiencies found.