Government Guaranteed Lending and SBA Loans

Overview

Jellum Law provides a full range of services in processing, closing, servicing, reviewing, auditing, and liquidating all types of United States Small Business Administration (SBA) loans. SBA regulations are continually updated, and we provide thorough training, review, solutions, and advocacy to guide you through these intricate legislative and regulatory processes to help keep your lending department moving forward.

SBA and rural development loans issued through the United States Department of Agriculture (USDA) are unique in their requirements concerning documentation and liquidation management. Jellum Law is known across the country as a leader in
protecting the interests of our lender clients and community banks. We represent lenders issuing government guaranteed loans, including SBA and USDA loans, such as:

• SBA 7(a) Loan Programs
• SBA Microloan Programs
• CDC/SBA 504 Loan Programs
• SBA Disaster Loans
• USDA Loans

Government guaranteed loans must be managed appropriately to protect the rights of the lender and ensure that the government guaranty remains intact. Jellum Law is a leader in providing legal services related to government guaranteed loans throughout the United States. For lenders across the country, we also serve as compliance counsel and advisors, developing effective strategies and managing their execution while adhering to the SBA’s and USDA’s complex rules and regulations.

• Jellum Law attorneys thoroughly understand and comply with the SBA’s Standard Operating Procedures (SOPs), working efficiently with attention to detail in order to assist with documenting and closing loans, perfecting security interests and, when needed, curing loan defaults as quickly and seamlessly as possible for our lender clients.
• The Jellum Law loan team works hard to protect the lender’s interests and the security associated with government guaranteed loans. We help lenders in all facets of the process including evaluation of loan applications and recognizing fraud indicators in loan documentation so the lender makes prudent and sound loans.
• We are experienced assisting lenders with SBA 504 long-term, fixed-rate financing to acquire assets for expansion or modernization made through Certified Development Companies (CDCs), the SBA’s partners for providing 504 loans.
• Our experienced loan attorneys also help lenders understand complex documents that may impact loan eligibility, such as franchise, license, dealer and similar agreements.
• We work with SBA and its internal counsel, at both the national and local levels, and understand the administrative, as well as the legal, aspects of SBA lending.

Creditors’ Rights in Government Guaranteed Loans
Jellum Law is a leader in representing lenders nationwide in government guaranteed loan defaults and liquidations. This experience gives our clients peace of mind knowing that we will assist the lender in complying with the complex government regulations that must be adhered to in order to protect the SBA guarantee.