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What happens when a bank refuses to accept an Offer in Compromise for an SBA guaranteed loan?.
Lets review. As we know, the defaulted borrower of an SBA guaranteed loan must present his Offer in Compromise to his lending banker for review and ratification and then for him to send it over to the SBA for final consideration.. If deemed acceptable and appropriate it is then sent over to ...
A new SBA excuse not to settle….dangerous ground, they are getting desperate.
dtod.wordpress.com — As we work with defaulted SBA guaranteed loans every day, filing dozens of Offers in Compromise, we have a broad base of experience in dealing wih their issues and guidelines. I see new trends before others as we initiate many Offers. The latest silliness from the SBA is their most recent ... (more) A new SBA excuse not to settle….dangerous ground, they ...
SBA answer in an hour!!!! Fast Food service for loan workouts!!!!
dtod.wordpress.com — Yes it happened. An answer in an hour. It is hard to believe as we usually wait many months for other Offer in Compromises to surface and now all of a sudden we get a call back from the banker in an hour with an answer, it was a rejection , but it was an answer! How did this happen? Some ... (more) SBA answer in an hour!!!! Fast Food service for loan ...
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A new SBA excuse not to settle….dangerous ground, they are getting desperate.lets-talk-business
As we work with defaulted SBA guaranteed loans every day, filing dozens of Offers in Compromise, we have a broad base of experience in dealing wih their issues and guidelines. I see new trends before others as we initiate many Offers. The latest silliness from the SBA is their most recent ...
SBA answer in an hour!!!! Fast Food service for loan workouts!!!!lets-talk-business
Yes it happened. An answer in an hour. It is hard to believe as we usually wait many months for other Offer in Compromises to surface and now all of a sudden we get a call back from the banker in an hour with an answer, it was a rejection , but it was an answer! How did this happen? Some ...