SBA & USDA Lending Solutions
without hiring staff or incurring capital expenditures
Resources
Windsor Advantage covers SBA and USDA market topics in several types of news – from our SBA and USDA blog and case studies to webinars and white papers.
Summer 2024 SBA Changes
Shortlist of SBA Changes to Watch: New Working Capital Pilot Program, Compliance Deadlines, and Updated 1919 This summer a number of changes rolled out to the 7(a) program. A shortlist: NEW Green Lender Initiative SBA has announced its plans to help more lenders participate in clean energy financing through the
Credit Elsewhere Analysis for the SBA Loan Credit Memo: Updated 2024
By Alex Stuart, Quality Control and Project Manager, Windsor Advantage What lenders need to know about the SBA’s renewed focus on the credit elsewhere analysis, and how to write more efficient analyses for the SBA loan approval process. The credit elsewhere analysis is a required component of the SBA 7(a)
Key Elements of an SBA Credit Memo to Ensure a Smooth Loan Approval Process
UPDATED May 30, 2024 to reflect current SBA guidance. Credit memos are critical to a loan application as they help tell the story of a borrower, their business and how the loan will be used. This story is then evaluated by the bank and the SBA to determine whether the
PDF Download: Overview of SBA Loan Guaranty Programs for FY 2024
New to the SBA space? In addition to the popular 7(a) Loan Program, SBA offers a number of financing programs for SMB owners dependent on eligibility. The below chart was recently shared by SBA. This chart outlines a high level overview of the latest eligibility requirements and loan proceed amounts
2023 SBA Secondary Market Premiums: Market Outlook
in partnership with Ben Clark, FHN Financial and Matt Saslawsky, Windsor Advantage GGL Sales Associate In this report: key themes of SBA secondary market performance in 2023, factors shaping the outlook for 2024, and the ripple effect of recent SOP changes that lenders should watch. I. Overview of 2023 SBA
Equity Injection Requirements for SBA Loan Underwriting (Updated for 2024)
by Ethan Zallik, Director – Loan Originations & Processing This article explains the SBA SOP 2023 changes to equity injection verification for SBA loans, and provides best practices for further developing an internal equity injection policy for SBA lending in 2024. SOP 50 10 6 provided clear guidance on eligible
SBA SOP Education: Policy Exceptions for Lease Terms
by Ethan Zallik, Director – Loan Originations & Processing This SBA Underwriting Quick Tip comes from the Windsor Advantage SBA Newsletter, a newsletter sharing the latest from our experts in SBA SOP Education and SBA lending trends. How do lenders handle new requirements in the SOP for borrowers in leased
3 Strategies for Leveraging an SBA Lender Service Provider (LSP)
This article explains the types of strategic partnerships available to lenders through Windsor Advantage’s LSP model and provides guidance for selecting the best partnership for your institution’s lending goals.
9 Lesser-Known SOP Changes
by Ethan Zallik, Director – Loan Originations & Processing There has been ample discussion in the SBA space about the widespread changes implemented by the new SOP 50 10 7, effective August 1, 2023. Most people have heard of the “do what you do” concept, allowing for partial changes of