Re: I am on the collection end of SBA loans...... - Saab General Bulletin Board - Saabnet.com
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Re: I am on the collection end of SBA loans......
Posted by paul de k [Email] (more from paul de k) on Tue, 27 Sep 2005 10:55:39
In Reply to: OT: Anyone have experience with SBA loans?, andym, Tue, 27 Sep 2005 03:46:24
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I work in the problem loan area of a bank and collecting SBA loans is a fair amount of my portfolio. Typically the bank will not reduce the guarantor's guaranty down to the unguaranteed portion of the loan. The bank must report to the SBA its collection efforts, and the fact that there is an SBA guaranty will not impact the bank's normal efforts to collect on these loans.
posted by 68.192.236...
Posts in this Thread:
- OT: Anyone have experience with SBA loans?, andym, Tue, 27 Sep 2005 03:46:24
- Thanks to all..........., andym, Tue, 27 Sep 2005 18:23:27
- Re: I am on the collection end of SBA loans......, paul de k, Tue, 27 Sep 2005 10:55:39 <-- Viewing This Message
- Re: OT: Anyone have experience with SBA loans?, Saab good car, Tue, 27 Sep 2005 05:58:08
- I don't think they will, NickR, Tue, 27 Sep 2005 04:21:38
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