Lenders now shifting to becoming SBA brokers
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  1. #1
    Banned Reputation points: 179851
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    Quote Originally Posted by mrmrg View Post
    At first I was laughing at 98% of the brokers in this industry who started selling "bulk medical supplies" overnight. Now it's the A paper lenders pitching SBA Loans.

    Thoughts?

    https://www.rapidfinance.com/busines...g-for-covid19/

    If you've just heard about SBA loans for years and have no real relationships/lenders behind you, then it's going to be very hard to reinvent yourself.
    They literally are just linking to the .gov website. Spreading the information. Not becoming an SBA Lender.

  2. #2
    Quote Originally Posted by ryan $ View Post
    They literally are just linking to the .gov website. Spreading the information. Not becoming an SBA Lender.
    WELL SAID. It's a about keeping our customers a float, so there is a market for us all in 2021.

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