Disaster Loan Assistance
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  1. #1
    Senior Member Reputation points: 62986
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    Quote Originally Posted by WestCoastFunding View Post
    SBAs are were it’s at, fellas. If you’re marketing is geared toward it, you can do quite well right now. Not saturated at all right now. And you filter out lunkhead brokers who can’t read financials.
    How true that is. Most can’t. Don’t know what a DSCR is.

  2. #2
    Senior Member Reputation points: 503040
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    Quote Originally Posted by sigmundpannu View Post
    How true that is. Most can’t. Don’t know what a DSCR is.
    Ha. Right? I can’t tell you how many times I get a referral and the broker says, “what documents do I need to get for a SBA, 12 months bank statements?”

  3. #3
    Senior Member Reputation points: 158630
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    Quote Originally Posted by WestCoastFunding View Post
    Ha. Right? I can’t tell you how many times I get a referral and the broker says, “what documents do I need to get for a SBA, 12 months bank statements?”
    Ask them to be ready to assist the client with and explain a simple landlord subordination, and they will pass out.

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