SBA Loan Brokers, Your Clients Need This New Service

The SBA guarantees tens of thousands of loans every year. These are the high risk loans unlikely to get accepted by a bank unless it comes with an SBA guaranty. Makes sense. In fact, the borrower pays a hefty three points to get such a loan guaranty, but it is well worth it as without it, it is unlikely there will be a loan made.

Now, with the economy in a meltdown, many of these loans are defaulting and few know how to deal with this issue as the personal guaranties are extremely powerful and will force most borrowers into bankruptcy if their business fails. This is what is happening all over the country; the failure rate of SBA guaranteed loans has increased and there is a significant population that needs help.

It is clear that SBA loan brokers have a special relationship with borrowers. After all, you helped them get into their businesses and fulfill their dreams. Now it is all crashing down and you can offer a helping hand and provide another service–the guidance and direction in regards to working out their defaulting loans. I believe a cursory review of all your loans will result in a number of borrowers needing such help and we can provide the expertise and implementation of exceptional strategies to support an SBA debt workout.

This is a call to all SBA brokers: Contact us and let’s work together to bring relief to your clients. There is a way to get through this nightmare safely and securely. Call, and let’s talk.