December 17, 2019
As we prepare to enter the new year, plan ahead for Radar's 2020 closures:
New Years Day 2020 - Wednesday, January 1
Martin Luther King, Jr. Day - Monday, January 20
Presidents Day - Monday, February 17
Memorial Day - Monday, May 25
Independence Day Observed - Friday,...
September 26, 2019
Lately the question of affiliation and who has to personally guaranty an SBA Loan has become more gray. Affiliation has always been more subjective than most rules in SBA lending, but personal guarantees were pretty clear - 20% ownership or more per household you have...
September 3, 2019
Have you heard? Radar is growing and will be relocating to a larger space in Greenfield!
Due to the move, our staff will be unavailable starting at 2 PM on Thursday September 5th and all day Friday September 6th.
We look forward to serving you from our new space starti...
January 2, 2019
Radar Lender Services will be closed on the following days in 2019:
New Years Day 2019 - Tuesday, January 1
Martin Luther King, Jr. Day - Monday, January 21
Presidents Day - Monday, February 18
Memorial Day - Monday, May 27
Independence Day - Thursday, July 4
Labor Day - Mo...
December 24, 2018
Seasons Greetings from the Radar Lender Services family! Friendly reminder, we will be closed tomorrow, in observance of Christmas Day.
If you missed our last email, view it below. Don't forget to join our email list in the top right corner so you don't miss any of the...
December 19, 2018
Radar was recently on a call with the Sustaining Members of NAGGL who provided an update to the looming shutdown. Based on recent events in the news and feedback from their contacts, NAGGL is predicting a shutdown after the current extension expires on the 21st of this...
December 14, 2017
It’s that time of the year when we start thinking about ways to improve ourselves and resolve to magically be better people as soon as the clock strikes midnight on December 31st. The SBA has made some positive resolutions as well. Like them or not, they have made so...
July 31, 2017
The Federal Register / Vol. 82, No. 137 indicated that “effective October 1, 2017, all guaranteed portions of loans in a Pool presented for settlement with SBA’s Fiscal Transfer Agent will be required to have a minimum maturity ratio of at least 94% for Standard Pools...
May 25, 2017
One of the core benefits of the SBA guaranteed loan program is its ability to encourage lending to small businesses that cannot obtain conventional financing at reasonable terms. At NAGGL's recent SBA Lending Technical Conference in Indianapolis, one of the hotter top...
May 6, 2017
The SBA recently made changes to the franchise review process you need to know a
bout. Prior to these changes, lender's responsibilities entailed reviewing the Franchise Registry or sending the Franchise Agreement to the SBA for approval. These two avenues informed yo...