New SBA Loan Guidelines

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Effective July 1, 2014 SBA lenders no longer have to perform an analysis of cash flow or debt-service coverage on loans of $350,000 or less, eliminating two requirements.

 Using the new SBA scoring tool, banks are now incentive to underwrite more small-dollar loans and reduce the time needed to originate a small-dollar loan by as much as 50 percent.

Contact Information

Mr. Jason Rainey

Published on August 06, 2014