Capital Growth Solutions-7a-servicing: CGS

By teaming with Captial Growth Solutions "CGS", Lenders immediately have an experienced and technologically advanced Small Business Administration "SBA" loan processing and servicing operation that allows them to reap the benefits of holding and selling SBA loans, without any additional infrastructure. In this regard, please note:

   * In a period of tightening lending margins, participation in the SBA loan programs increases net interest margins and fee income;

    * SBA commerical loans can reduce the risk both through low LTVs (504 loans) and the guaranty of the federal government (7a loans), Lenders will be making sound commerical loans at improved margins and the expense of originating, processing, underwriting and servicing is borne by CGS. This is strictly a "pay-as-you-go" proposition.

    * In a period when some lenders are shrinking their market share, due to additional perceived risk in commerical loans, our clients can actually increase market share by providing SBA loans.

WHAT WE OFFER:

- Preparation of SBA documents
- Augmenting the Lender's existing credit memorandum
-Submitting applications on the Lender's behalf to SBA
-Closing the approved loan
-Sale of the loan (if requested by Lender)
-Preparation of sale documents (SBA form 1086)
-Monthly reporting (SBA form 1502)
-Review of Lender's credit policies regarding SBA loans
-30 day review of closed loan file
-Preparation of SBA liquidation file (30 days after closing)
-Annual review of documentation for compliance (3 months after year-end)
-Any servicing actions over the life of the loan
-Supervision and coordination of collections/liquidation