SBA Non-Bank Licensing
The SBA licensing process for non-bank lenders can be complex and time-consuming without experienced guidance. Starfield & Smith has assisted numerous nonbank lenders with the purchase and transfer of existing licenses, portfolios and/or platforms.
Comprehensive Assistance, Licensing And Beyond
With only 14 non bank SBA lender licenses, there is limited information explaining the licensing and SBA approval process. Our skilled attorneys understand the processes and resources that you must have in place to gain approval from the SBA as well as other regulators. We regularly communicate with SBA’s Office of Credit Risk Management and Office of Financial Assistance in order to develop the best strategy for a license acquisition and will partner with you to provide trusted guidance through each stage of the transaction.
Once you are fully licensed, our firm can assist you with the same services we provide our other SBA lender clients. Specifically, we can counsel you through:
- Loan documentation and closing
- Guaranty purchase reviews and recovery
- Liquidation and creditor’s rights
- Comprehensive portfolio management and regulatory compliance audits
Contact A Firm Experienced In Assisting Lenders
Our firm assists SBA lenders on a daily basis. We understand the ever-changing regulations and processes necessary to work in this industry. Our skilled attorneys partner with you through each step of the SBA non-bank licensing process, and your SBA lending processes afterward. Call 215-542-7070 to speak with our attorneys, or contact our firm online. We work with clients nationwide.