Ethan Smith, Partner, Starfield & Smith, P.C. advises that preparing the 10-tab purchase package should start at origination.
Start at origination! Organize and build your loan files following the mandatory 10-Tab System used to organize purchase requests. Audit yourself — are all forms & documentation in order?
Thoroughly follow instructions and provide complete information to speed up the purchase request process.
ALWAYS go the NGPC website to get up-to-date instructions and forms! www.sba.gov/banking
Consult with experienced professionals such as SBA attorneys and SBA consultants.
Recorded during the “Preparing the 10-Tab Guaranty Package — A 2013 Update” Coleman Webinar on November 28, 2012.