Followers | 12 |
Posts | 1606 |
Boards Moderated | 0 |
Alias Born | 06/08/2006 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, August 06, 2007 12:24:43 PM
1. The client sends us his fiancials for the last two years and in most cases must have home ownership.
2. If my loan officer agrees that they are financially able to get a SBA loan, we then proceed to step three.
3. We put the loan in a bank that has SBA preferred status.
4. If the bank agrees that client's financials are sufficient enough to warrant a SBA loan, they refer the loan to the SBA.
5. Since the bank is a preferred SBA lender, the SBA usually rubber-stamps the loan and sends it back to the bank which then informs my company that the client is qualified for a SBA loan.
I do not believe HISC has sufficient equity to even be considered for a SBA loan, or from any bank, especially considering the loan situation today due to the sub-prime loan meltdown.
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM
Mawson Finland Provides Update on Exploration Activities at Rajapalot • MFL • Aug 21, 2024 9:06 AM
Avant Technologies to Implement Robust Cybersecurity Measures for AI-Driven Healthcare Solutions • AVAI • Aug 21, 2024 8:00 AM