Services to Lenders

Initial Assessment

Save you and your borrowers time and frustration by getting expert SBA policy guidance from the start. This is the critical stage for setting expectations and building trust.

  • Consultation of your borrower’s request and initial program assessment

  • Establish expectations and communication standards with your borrower to outline the process and timeframe

  • Initial SBA eligibility due diligence and credit assessment

  • Work with our CDC partners to place the SBA 504 second mortgage

SBA Approval

We do the structuring and processing for our CDC partners, so they can focus on growing and servicing their portfolio. This reduces the time required for approval and increases approval rates. Our CDC partners pay for our services, never costing the lender or borrower additional fees.

  • Work with your team or directly with the borrower to secure a complete loan application package

  • Underwrite the SBA 504 portion of the financing request

  • Create the SBA credit memo

  • Work with the CDC partner to secure SBA approval

  • Bring in the CDC partner for closing, funding, and ongoing servicing

Training

We want to make sure you and your lending teams feel confident in offering the 504 loan program to your market. Lenders do not need to be experts by any means, you just need to know when to reach out to TEND Capital on prospective loans that might not fit your conventional credit box.

  • Provide basic understanding of program application through in-person team meetings and/or webinars

  • Act as a reference on prospective deals to talk through program fit

  • We will check-in periodically with your team, hosting informal information sessions on program highlights and updates

  • Beyond training lenders, TEND Capital and our CDC partners are available to guide your credit, operations, and servicing departments on how to process, close, and manage their 504 loans

Services include but are not limited to those detailed above. Contact us for an assessment to determine how TEND Capital can help your team grow their SBA 504 portfolio.