Credit Union Participation in SBA Lending. Presentation Objectives. Introduce SBA Lending Programs Summarize Lender Application Process Highlight SBA Lender Requirements Explain Organization Structure of SBA Lending Functions Questions. U.S. Small Business Administration.
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Credit Union Participation in SBA Lending
Fiscal Year 2002
Program # of loans $ Approved
7(a) 51,666 12.2 Billion
CDC 5,480 2.4 Billion
Microloan 2,515 35.6 Million
in a local SBA district office,
in centralized loan processing Centers
1. SBA can only guarantee a loan if credit is not elsewhere available.
2. SBA lending relies primarily on a demonstration of adequate cash-flow, with consideration to collateral coverage viewed as a secondary criteria.
3. SBA credit administration procedures stress practices that are “generally accepted commercial banking standards employed by prudent lenders” [§120.453 of 13 CFR Ch.1].
Headquarters - Washington, D.C.