Andrew Sheaffer

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How to Successfully Lend to Insurance Agencies Using the SBA 7(a) Loan Program

When properly structured and underwritten, many of the concerns that come with lending to an insurance agency can be mitigated. What’s more, utilizing the SBA 7(a) loan program can help protect a lender against credit losses with a guarantee of 75% to 85% of the loan amount. While the 7(a) program can help lenders reach …

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Windsor Advantage SBA and USDA Loan Servicing Portfolio Surpasses $750 million

Firm Closes more than $220 Million in SBA 7(a) and USDA Loans for Community Banks & Credit Unions in the first six months of 2016 CHICAGO, Aug 11, 2016 — Windsor Advantage, LLC, a leading provider of services to banks and credit unions, assisted a record number of small businesses with SBA 7(a) and USDA …

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OCRM Audit Readiness

A top 100 SBA and USDA lender (by dollar volume) received its first OCRM onsite audit notification and document request list — just three weeks before the examination start date. The OCRM “full review” audit request included strategic documentation such as projections, strategic plans and process documentation, as well as […]

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