SBA releases Paycheck Protection details-
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  1. #1
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    As many of you likely know, SmartBiz notified their ISOs that all applications in their 7a portal would be processed as PPPs. A few days after that they sent guidance that their funding banks are servicing their existing clients first and they really don't know when (if?) they will get around to funding smartbiz clients. My problem is that I have sent 45 clients to them since Thursday. Does anyone have a source we could cobroker thru to cherry pick the best of my 45 clients? These deals are fresh and I feel like if I wait for Smartbiz, they will go elsewhere.

  2. #2
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    Quote Originally Posted by Christian View Post
    As many of you likely know, SmartBiz notified their ISOs that all applications in their 7a portal would be processed as PPPs. A few days after that they sent guidance that their funding banks are servicing their existing clients first and they really don't know when (if?) they will get around to funding smartbiz clients. My problem is that I have sent 45 clients to them since Thursday. Does anyone have a source we could cobroker thru to cherry pick the best of my 45 clients? These deals are fresh and I feel like if I wait for Smartbiz, they will go elsewhere.
    Fundera, they are accepting apps but not sure of processing time or banks. will pay half comish as normal partners

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