Utilizing Modern Financial Services for Your (7)a Loan Programs
Trinity Capital offers services that bridge the needs of our lending partners and the requirements of the Small Business Administration (SBA) 7(a) loan program. We offer the following services:
Loan Structuring and Eligibility
Through internal work with lenders before the loan is approved, we ensure the loan meets all the requirements of the SBA 7(a) loan program.
Working with an experienced partner, such as our team, gives lenders the confidence that their 7(a) loan is eligible and structured properly before they take it to loan committee.
Loan Packaging
Our team collaborates with the lender and the borrower to obtain all the necessary documentation required to complete the SBA 7(a) loan application package.
This step is crucial as it streamlines the SBA approval process and lessens the lender’s workload, allowing them to focus on other responsibilities.
Loan Closing
Once the loan is approved, we work with the lender to ensure all requirements of the SBA Authorization and the current SBA SOP are met before the loan is closed. After closing, we perform a detailed post-closing review to ensure the loan was closed and disbursed in accordance with the Authorization and the current SBA SOP.
Loan Closing
Once the loan is approved, we work with the lender to ensure all requirements of the SBA Authorization and the current SBA SOP are met before the loan is closed. After closing, we perform a detailed post-closing review to ensure the loan was closed and disbursed in accordance with the Authorization and the current SBA SOP.
Secondary Market Sales
We assist lenders in selling the guaranteed portion of the loan to the secondary market. We prepare bid sheets and submit the loan to a minimum of twelve investors to ensure you get the best premium available.
Loan Servicing
Our team assists lenders in the servicing of their SBA 7(a) loans. This insures that the loan stays in compliance throughout the duration of the loan and that the SBA guarantee remains intact.
Loan File Review
Our team of professionals review existing SBA 7(a) loan portfolios to ensure adherence to SBA program compliance. The review is based on SBA regulations applicable at the time of loan approval and closing.
Loan Liquidation/ Guarantee Purchase
We assist lenders in following the necessary steps required to properly handle SBA 7(a) loans that go into default and liquidation. We obtain all the documentation required to complete and submit the SBA guarantee purchase package (10-tab).
Let Us Get Started
Allow our team of professionals at Trinity Capital to assist with your 7(a) lending program. Speak with one of our experts to know more.