Quote Originally Posted by WestCoastFunding View Post
Honestly, expect to see everything move away from the Disaster Loan Program and towards a beefed up SBA Express. The Disaster Loan program should never have been the the used to help in this situation. The SBA loan officers are few and they just don’t have enough to handle it. When things move toward the SBA Express you then unleash tens of thousands of bank SBA loan underwriters who are proficient in this stuff. Not saying the disaster loan program is useless, but ..... well yeah, actually it’s almost useless.
SBA is a great program used properly. The challenge right now is getting any of them approved at any level with any institution. You better give your client options in this environment because time is not their friend. Use your head and give them several available financing options that have CERTAINTY to close.