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SBA Hot Topic Tuesday — SBA Loan Program Charge Off Percentages Plummet Part Two

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April 21, 2015

By Bob Coleman
Editor, Hot Topic Tuesday

Two weeks I wrote about plummeting SBA 7(a) and 504 delinquency and charge-off rates.

Granted, there was an uptick in SBA 7(a) charge-offs, but the unofficial consensus is this number is due to purchases several years old still working their way through the stomach of the snake.

Anyway, I ran across this chart and is illustrative of the pain of the recessionary years is becoming a rear-view mirror distance memory.

SBA 7(a) Purchase Rates as a Percent of Unpaid Principal Balance

2014 — 1.33%
2013 — 1.86%
2012 — 2.37%
2011 — 3.29%
2010 — 5.58%
2009 — 5.05%
2008 — 2.75%
2007 — 1.40%
2006 — 1.46%

SBA 504 Purchase Rates as a Percent of Unpaid Principal Balance

2014 — 1.28%
2013 — 2.31%
2012 — 3.70%
2011 — 5.35%
2010 — 7.03%
2009 — 4.24%
2008 — 1.69%
2007 — 0.95%
2006 — 0.68%

Check out the chart here:

https://www.sba.gov/sites/default/files/files/WDS_Table8_PurchaseRates_Report.pdf

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Feedback welcomed at bob@colemanreport.com

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