Our assessment process facilitates rapid evaluation of prospective SBA or USDA loan applications; while our experts work closely with your lending team to develop a compliant structure that aligns with your institution’s credit criteria. Key loan conditions are agreed upon and understood up front with the borrower to avoid costly surprises later in the process.

IFS offers a robust electronic underwriting system, compliant financing memorandum and detailed underwriting process. Our experienced underwriting team analyzes each credit request to support your internal approval, incorporating key eligibility criteria not customarily evaluated within conventional credit analysis.

SBA or USDA loan application processing requires specialized expertise to ensure compliance while avoiding lengthy delays. Our experts can handle nearly all facets of the loan application process through final agency approval.

IFS coordinates with the lender and its legal counsel to satisfy all closing conditions and avoid costly missteps. IFS reviews all due diligence and loan documentation prior to closing with focus given to key items that notoriously create guaranty repairs, denials, or audit exceptions.

If you choose to sell the guaranteed portion of the loan within the secondary market, IFS will coordinate the process through final loan sale settlement. After loan sale settlement, IFS will coordinate the resources to properly account for the sale.

After closing, IFS completes a compliance review using its proprietary compliance checklist established based on our experience with SBA guaranty purchases and SBA Office of Credit Risk Management audits. Our team proactively assists with clearing exceptions as needed.

Our experienced team utilizes our finely tuned servicing platform to to keep the portfolio compliant with ongoing loan conditions. We program all ongoing reporting requirements within our tickler system and proactively follow up on your behalf to ensure timely action. We also work with your team to properly document all post-closing modifications and can assist with annual credit reviews.

Keep loan accounting in sync with SBA. Our Servicing department completes and coordinates submission of monthly 1502 servicing reports to the SBA’s Fiscal Transfer Agent (FTA). While payment collection is the responsibility of the lender, we reconcile all remittances to ensure guaranty fee and participation allocations are calculated accurately to avoid costly late penalties or remittance errors.