James Tibert

Over the last year, legislation has been passed to support businesses negatively impacted by the pandemic and to provide benefits to SBA borrowers.  One significant piece of legislation was Section 1112 of the CARES Act passed in March of 2020, which provided payment relief to small businesses.  Section 1112 provided $17 billion of “debt relief …

SBA Debt Relief Payments: The Latest Revisions Explained & What They Mean for Lenders Read More »

Significant SBA 7(a) loan growth in recent years has the attention of Capital Hill.  Though Congress continues to appropriate adequate funds to the program, the continued support has brought a demand for increased oversight of the program and its lenders. The Office of Credit Risk Management (OCRM) is tasked with this oversight requirement and recent …

OCRM Audits: 3 Tips for Success with SBA Program Compliance Read More »

Barring any unforeseen market events, 2019 should continue to be a year of slow, positive growth for SBA 7(a) loan secondary market premiums.  Last year, we experienced some of the steepest declines in secondary market premiums in years, with 10-year, fully priced SBA 7(a) premiums swinging nearly 340 basis points between FY Q2 and Q4. …

SBA 7(a) Secondary Market Premiums: The Highs and Lows Read More »