Posts Tagged ‘SLA Loans’
SBA Hot Topic Tuesday — SBA to Eliminate Underwriting of SLA Loans Beginning July 1
June 10, 2014 By Bob Coleman Editor, Coleman Report In a move to get capital to underserved Main Street businesses, SBA Administrator Contreras-Sweet announced significant changes for underwriting SBA loans less than $350,000. Underwriting for Small Lender Advantage loans will be replaced with SBA’s predictive scorning model. “The time has come to reach out to…
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