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MarketBeat


Lending Execs At A Loss To Explain Q2 Small-Balance Originations Drop

Boxwood Means reports a sizable decline in second-quarter small-balance originations - but it's unclear whether higher rates alone are to blame.Read More


Temporary SBA 504 Provisions Proving Popular - But Sunset Looms

Even while loan approvals are soaring of late, temporary stimulus-related provisions of two SBA 504 owner-occupied property lending programs are scheduled to expire Sept. 27. And with conventional small-business bank lending still lagging, advocates are voicing their consternation. Read More


Small, Mid-Sized Businesses Setting The Employment Pace

The latest employment analyses indicate small-business hiring continues to rebound. That bodes well for the small-cap CRE sector. Read More


SBA 504 Refi Program Finally Takes Flight

After a few surgical adjustments last fall, the SBA's 504 program allowing refinancing of commercial real estate loans is growing apace. Trouble is the program is running short on time. Read More


SBA's Temporary Refi Program Tries - And Tries Again

The temporary extension of the SBA 504 property purchase program into the refinance realm got off to a disappointingly slow start. Time will tell whether October's rule adjustments will notably boost application volume. Read More


Small Firms' Job Engine Sputtered Last Year

Perhaps the biggest disappointment arising from Washington over the last several months has been the lack of focus on jobs. This week's updated Labor Department study on private sector business employment offers a sobering reminder of the precarious nature of job creation among small firms after the nation emerged from the Great Recession. Lenders take note. Read More


Evergreen Clients Go Green with SBA 504 'Energy Loans'

Since economic stimulus legislation in 2009 provided incentives for small businesses to invest into energy efficiency and other sustainability-minded facility improvements, the Pacific Northwest's biggest so-called Certified Development Company has helped numerous clients go green. Read More


Small Business Jobs Act Stimulates SBA Borrowing

Although the employment gains are weak and business lending remains cautious, it's pretty clear that SBA loan program enhancements included in the Small Business Jobs Act are invigorating small business lending. Read More


Larger Owner-Occupied Properties to Qualify for SBA Programs

CRE-secured small-business lending looks to get a big boost from the Small Business Jobs Act. The legislation combines key SBA program expansions with a $30 billion loan fund - not to mention small business tax breaks. Read More


With SBA and Other Financings, Brewers Become Developers

Astoria, Ore. microbrewers tap SBA and seller financing, along with urban renewal funds, to purchase their building - and an adjacent one for expansion. Read More


SBA 504 Guarantee Expanding, Albeit Temporarily

The small-cap market may get a boost indirectly from the SBA. Small business owners tapping the Small Business Administration's 504 development loan program will temporarily benefit from a far-reaching enhancement: in addition to the agency's traditional guarantee of a 40% debt tranche, SBA will also back most of the 50% balance provided by a private lender. President Obama is also proposing, among other stimulants, use of the 504 subsidy for refinancing maturing mortgages. Read More


SBA 7(a) Activity Rebounds: But Will It Hold?

Stimulus-based enhancements to SBA's popular 7(a) real estate lending program have notably boosted originations in recent months. But it's unclear whether a polarized Congress will extend 7(a)'s temporary guarantee level hike, fee waiver and TALF financing. Congress will likewise need to approve President Obama's proposed boost of 7(a)'s guarantee cap from $2 million to $5 million. Read More




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