Only 43% of Small Banks Make SBA Loans Says Fed

Only 43% of Small Banks Make SBA Loans Says FedOctober 3, 2024By Bob ColemanPublisher & Founder From the FDIC Small Business Lending Survey released yesterday. Fewer than half of small banks participate in government-guarantee loan programs that target small business borrowers, while nearly all large banks do.  About 43 percent of small banks and 87…

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Protect Your SBA PLP License — Webinar 10/16

Ten Compliance Checklist Items to Implement Before 2025 Attend the Live Webinar Event Wednesday, October 16, 20242:00 PM Eastern75-minute training with e-certification With recent Congressional pressure and legislation, SBA has evolved into a regulatory agency. It now has the power to discipline, fine, and disbar lenders from its programs. The stakes are raised even higher…

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Equity Injection: Know the 13 Mistakes that Void the SBA 7(a) Guaranty — Webinar Encore 10/28

Document your borrower’s equity injections perfectly and correctly every time A Coleman Webinar EncoreMonday, October 28, 20242:00 PM Eastern75-minute training with e-certification Does your closing staff know how to avoid the 13 most common mistakes lenders commit in documenting a borrower’s equity injection? Former SBA Little Rock Servicing Center Deputy Director Lance Sexton does —…

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SBA 7(a) Approvals by Ohio Lenders

September 26, 2024 Delaney SextonContributing Editor SBA 7(a) Approvals by Ohio Lenders For fiscal year 2024, these are the lending statistics by Ohio lenders as of September 26, 2024:

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