Loans are made by participating lenders under an agreement with the SBA to originate, service, and liquidate loans in accordance with the SBA’s rules, regulations, policies, and procedures. Keeping your SBA loans in compliance is imperative to ensuring the collectability of your guaranty. This begins with managing the 7(a) loan approval process in an effort to mitigate risk of potential loss. read entire article… Source: BancServe.
August 9, 2014
ARTICLES, Banking & Finance