Sam Cloghessy

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 that lenders compile a list …

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SBA 7(a) Loans: Get Insurance or Get Repaired

Ensuring that a borrower maintains current insurance may not seem like a high priority, but it is critical to mitigate risk in an SBA loan portfolio. In this article, we’ll discuss the importance of requiring borrowers to maintain current insurance, present a brief overview of SBA loan requirements regarding insurance, and specifically address a few …

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