Innovative Financing Solutions
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Category Archives: Viewpoints

Success Story: How SBA Financing Solved a Seemingly Unsolvable Problem

Over the years, Innovative Financing Solutions (IFS) has helped many small businesses obtain access to capital that would often have been unavailable to them under conventional lending guidelines. These businesses have gone on to create jobs, stimulate the economy and provide valuable products and services locally, regionally, nationally and even internationally. An example of how…
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Creditwise Consulting Group: A Unique Resource for Financial Institutions, Borrowers and Law Firms

In response to lender liability claims and disagreements between borrowers, lenders and regulators, Mike Ryan, President and CEO of Innovative Financing Solutions, seized on an opportunity. As a former Executive Vice President and Chief Lending Officer, Ryan decided to use his 33 years of experience to help financial institutions and business borrowers dealing with challenging…
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My SBA 7(a) Borrower is Heading Toward Liquidation – What’s Next?

Lenders should always make a good faith effort to help delinquent Small Business Administration (SBA) 7(a) borrowers bring their loan current by considering potential workout strategies. However, in some cases a workout strategy may not be feasible and the immediate next step is liquidation. It is incumbent upon lenders to prepare for liquidation as proactively…
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SBA 7(a) 10 Tab Guaranty Purchase Process – Common Questions

The Small Business Administration (SBA) Guaranty Purchase process was developed by the SBA to evidence a participating lender has originated, closed, serviced, and liquidated a loan in accordance with SBA requirements and prudent lending practices before honoring the guaranty. The components of the 10 Tab Package should be understood by all levels of a lender’s…
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