SBA & USDA Lending Solutions
without hiring staff or incurring capital expenditures
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.
Processing a 7(a) loan through the General Program can seem like a daunting task. The thought of an SBA Specialist combing through the intricate details of a loan and issuing an SBA loan screen out spurs questions of timing and often uncertainty about eligibility. A “screen out” is the official
Delegated Authority and General Program (GP) loans both play a vital role in the success of small businesses and the SBA Program on an annual basis. As a Lender Service Provider for more than 75 banks and credit unions nationwide, Windsor works with delegated and non-delegated lenders, both of which
SBA 7(a) loans can be an incredibly effective tool for banks and credit unions to provide capital to small businesses. However, the regulations surrounding eligibility can be difficult to understand for even the most experienced commercial lender. The 7(a) program provides a deficiency guarantee of up to 90% (generally 75%),
New office and leadership expansion enables Windsor Advantage, a leading provider of commercial loan servicing to banks and credit unions, to support significant growth and increased Small Business Administration 7(a) lending in the Southeast. CHARLESTON, SC, October 19, 2017 — Windsor Advantage, LLC, ranked the nation’s No. 93 fastest-growing financial
Lenders have discovered the benefits of the SBA 7(a) Loan Program and are making loans at a record pace. As the below chart illustrates, total dollar volume hit a three-year high of $25.45 billion in FY 2017 (as of September 30, 2017). At the same time, the number of lender
Since 2010, Windsor Advantage has processed more than $2.0 billion in SBA 7(a) and USDA loans and we currently service a portfolio of more than $1.1 billion of government guaranteed commercial loans (as of May 31, 2018). This experience provides us with a unique perspective that we leverage to help
We recently explored the benefits of outsourcing an SBA department back-office in 3 Reasons to Outsource Your SBA Department to a Lender Service Provider. Outsourcing to a Lender Service Provider (LSP) allows lenders to create an efficient and effective SBA and USDA program without many of the quantitative or qualitative
To illustrate the top reasons to outsource your SBA department, let’s start with 3 situations to avoid: Scenario 1 – Economic Risk: You’ve already made a significant investment in the people and systems necessary to offer SBA loans. Costs were higher than originally expected and additional expenses continue to build.
On May 31st, Windsor’s Managing Director, Shawn Andrews, had the opportunity to speak at the North Carolina Bankers Association (NCBA) credit conference. The NCBA’s inaugural credit conference was developed to provide bankers with essential information to make their banks and lenders more profitable and competitive. 5 key takeaways from the NCBA Credit