As you may know, the government shutdown is impacting more than most people realize, including SBA lending. Right now, the SBA can’t issue funding numbers, which means even lenders with delegated authority are unable to close loans until that final number is released. We’re still working diligently behind the scenes : clearing conditions, updating files, […]
Think McFly
Picture In the movie “Back to the Future”, Biff’s character would often say, “Think McFly” to Marty McFly, Michael J. Fox’s father in the movie. The irony of course, is that Biff was not smart and needed McFly to even do his homework. As I look around me today, I see a critical lack of thinking, just […]
Racing the Calendar: 90% SBA Bridge Loan Closed in 8 Days
Picture The loan came into our private money fund for an SBA BRIDGE LOAN, our specialty, with a request for 90% LTV. We closed the loan in eight (8) days, but we could have closed it in five (5). The title took five (5) days to get to us because of a glitch in their […]
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