Viewing profile — drsooch

They're a hassle, but less risk for the primary lender. We worked with primarily smaller Banks, it makes sense for a small bank to work with the program.

Just as an aside, compliance (at least in the case of the SBA ) is done at loan approval time. Compliance for the SBA mirrors what most traditional lenders require: insurance, perm…

Compliance in this case won't be that big of a deal. The fact of the matter is it will be relatively simple for a small business to show that the money from the program has been a …

I created an Account just for this thread. I spent time working as a Credit Analyst for an Economic Development Firm (AKA we made SBA 504 loans). I would like to note I am no longe…