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by drsooch 2252 days ago
They're a hassle, but less risk for the primary lender. We worked with primarily smaller Banks, it makes sense for a small bank to work with the program.
1 comments

Yeah but most small banks don't have any understanding of what it all requires. It's not like an inhouse loan where if the borrower misses a payment they just show up on a report. You gotta jump though hoops and notify tons of stuff to the SBA about it. Not to mention everything needing to be perfect.