Sageworks SBA Lending Product
In the search for loan growth, financial institutions may look to SBA lending (U.S. Small Business Administration-guaranteed loans) as a new product. For institutions that already offer SBA lending, it may be an area in need of efficiency -- lengthy documentation and form requirements often create siloed systems, redundant data entry, and unnecessary bottlenecks.
Abrigo offers an SBA 7(a) lending solution that streamlines the underwriting process and allows the institution to decision SBA loans in the same platform as other loan or product types. Management will have greater visibility across the portfolio, and the SBA team can make smart decisions fast.
- Increase efficiency and speed of SBA loan process
- Eliminate duplicative data entry with E-Tran integration
- Aggregate your SBA, personal, and commercial loans on a single platform
- Generate required 1919 and 1920 pdf forms