Innovative Financing Solutions
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Monthly Archives: March 2018

Lending in Rural America – Growth Opportunities for Community Banks

As community and regional banks continually strive to expand their lending capabilities, it has become increasingly important to understand the many guaranteed loan programs offered by the federal government. Understanding the scope of these programs can significantly impact a bank’s ability to expand beyond its traditional “footprint,” while adhering to strict bank underwriting and regulatory…
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Disbursement and Use of Funds – The Lender’s Responsibility

One of the critical requirements the lender should follow relative to the proper closing of a Small Business Administration (SBA) loan, is ensuring the use of proceeds are properly documented in accordance with the lender’s credit approval and the SBA Loan Authorization (Authorization). Documentation supporting the use of proceeds is highly scrutinized during an SBA…
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