THE INTELLIGENT PATHWAY TO SBA & USDA LENDING
YOUR TRUSTED SBA, USDA, AND COMMERCIAL LENDING EXPERTS
BECOME A PARTICIPATING LENDER WITHOUT ADDING FIXED OVERHEAD
A WEALTH OF FINANCING EXPERIENCE FOR OUR LENDING PARTNERS AND BUSINESS CLIENTS
INDUSTRY UPDATES
Fee Disclosure and Compensation Agreement For use with 7(a) and 504 Loan Programs
Information Notice 5000-843625
IRS issues updated IRS Form 4506-C
Effective January 12, 2023
Procedural Notice 5000-823852
Guidance on the Implementation of the Section 1112 Debt Relief Program for the 7(a) and 504 Programs, Including the Availability of Funds for Section 1112 Payments and the Return of Payments Made for Ineligible Loans; and Guidance on Loan Increases Requested on or after October 1, 2021
Effective December 6, 2021
TESTIMONIALS
Tioga-Franklin Savings Bank has partnered with IFS since 2015, shortly after I took over as President. They have been integral to the growth and development of our SBA department and their team is a pleasure to work with. They are responsive, attentive to details, and comprehensive. IFS not only assists with our SBA lending process, they have referred quality borrower client relationships over the years. I would recommend IFS to any community bank that requires SBA lending support or seeking to launch an SBA program.
John Coleman
President / Tioga-Franklin Savings Bank
IFS has been assisting Haddon Savings Bank with SBA and conventional underwriting, processing and servicing since 2013. We have found their work and professionalism to be of very high quality. They have been indispensable in helping develop our commercial lending program and have helped significantly increase our profits.
Kevin Peterson
President / Haddon Savings Bank
As a community bank, we have lacked the internal expertise and resources to offer SBA loan products while ensuring compliance. Partnering with IFS has taken our SBA program to the next level and they have positioned us to compete with banks that have dedicated SBA departments. The IFS team is knowledgeable, professional, supportive, solution oriented and responsive. My experience with IFS has been fantastic and I would recommend IFS to other community banks facing the same challenges.
Julie Martin
Vice President of Commercial Services / CNB Bank
IFS was great to us. They developed a financing strategy that focused on the long-term success of our business. They took the time to learn our business model, structure the most appropriate financing arrangement and match us with the perfect bank partner. We value our relationship with IFS and would recommend them as a trusted financing partner to any small business.
Kevin O'Brien
COO & Principal / WebiMax, LLC
