GSB – SBA Lending: Create Fee Income and Sell Your SBA Loan Guaranty
SBA has a robust secondary market in which banks can sell their SBA loan guaranty. Investors will pay face value plus a premium for the SBA guaranty. Learn how to sell the SBA loan guaranty and create fee income for your lending institution.
Topics covered include:
- Overview of SBA’s secondary market
- How to sell the SBA guaranty
- Benefits of selling the SBA guaranty and getting prepaid on the guaranty
- Explanation of investor’s payment of a premium
- Creation of fee income and being able to reutilize the funds
- Ramifications of selling the SBA guaranty
- Lender retains servicing after the sale of the SBA guaranty
- Reporting and payment requirements to the investor
Target Audience: Anyone involved in the SBA lending process
Presenter: Christine Blome — Midwest SBA Services
Registration Option: Live presentation $330
- Recording available through July 10, 2024