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.
SBA 7(a) Loans: The Pros & Cons
If you’re a small-business owner looking for capital to expand, you’ve likely come across SBA 7(a) loans – the nation’s most popular type of loan offered through the U.S. Small Business Administration (SBA).One common misconception is that the SBA lends directly to small-businesses. In reality, the SBA 7(a) Loan Program partially guarantees loans made by banks or other direct lenders to eligible small-businesses. The program aims to promote economic growth by encouraging lenders to partner with small-businesses that may be struggling to secure financing on reasonable terms. Because of the guaranty, SBA loans tend to have lower monthly payments than other types of loans. However, there are some drawbacks that must be considered prior to getting started with your application.
2019 SBA 7(a) Loan Market Outlook
Opportunities Arise in the Midst of Stabilizing SBA Market Welcome to our 2019 SBA 7(a) Loan Market Outlook, an annual forecast of key market dynamics based on the best data available at the time of publication. Just as our strategic discussions with lenders and industry experts naturally focus on the
Community Banking: 5 Opportunistic States for SBA Lending in 2019
According to the ICBA, community banks represent roughly 99% of all banks in the United States and make nearly 60% of all small-business loans across the country. By lending locally, these institutions drive economic growth within our communities and are an integral part of our nation’s financial system. While the
SBA 7(a) Loan Program Statistics: 4 Key Trends Through FY2018
The SBA’s flagship 7(a) program fell just short of another record setting year in FY2018, with $24.37 billion in authorized loan volume through the 12 months ended September 30, 2018. Had this number reached $24.45 billion, FY2018 would have represented the sixth consecutive year of overall growth. Despite the growth
How to Implement the Proper Controls for Your SBA Department
In one of our recent articles, A Beginner’s Guide to SBA 7(a) Lending, we explored a few of the basic fundamentals of the SBA lending industry. Although this framework was geared to help guide novice SBA lenders, many of the key risks highlighted in the article predominantly occur when proper
SBA Disaster Recovery Loans
In the aftermath of Hurricane Florence, many lenders will receive requests for assistance from customers during cleanup efforts. This short article will outline some of the common experiences of Windsor’s clients from Hurricane Harvey and provide information on SBA resources available to lenders and borrowers. Proactive Portfolio Management Windsor recommends
SBA Lender Service Provider: “How to Best Engage LSPs” Expert Panel Discussion
On August 16th at the Great Lakes Small-Business Lenders Conference in Detroit, MI, three expert SBA Lender Service Provider (LSP) panelists were assembled to speak on the topic of “How to Best Engage LSPs”. The Q&A session was focused on increasing awareness of the services provided by LSPs and how
A Beginner’s Guide to SBA 7(a) Lending
The SBA 7(a) Loan Program authorizes the SBA to guarantee loans made by lenders to small-businesses “for whom the desired credit is not otherwise available on reasonable terms from non-Federal sources”. Common reasons credit might not be available on reasonable terms – referred to as the Credit Elsewhere Test –
Windsor Advantage Announces Executive Management Team Promotions
In 2018, Windsor has reached yet another milestone, processing more than $2.0 billion in SBA 7(a) and USDA loans through its outsourced lending platform since 2010. With this record setting volume, Windsor is pleased to announce several key promotions. CHICAGO, IL, July 17, 2018 — Windsor Advantage, LLC has announced