SBA lending support, from origination to servicing
Our SBA Lender Service Provider (LSP) team works alongside banks and credit unions on 7(a) and 504 lending, from eligibility and underwriting through closing and servicing.
Why partner with us
Technology driven
We use technology to automate work, reduce inefficiencies and integrate with your vendors.
Flexible
We’re vendor agnostic and offer full-service or a la carte support, with agreements and pricing built around your needs.
Industry experts
Our nationally recognized team has deep experience across SBA lending products and processes.
The SBA process
Support at every stage of the loan
Our processors, underwriters and servicing specialists can take on the whole life cycle or just the stages where you need help.
1. Origination
- Deal grooming and eligibility review
- Underwriting
- Processing
2. Closing
- E-Tran submission
- Due diligence
- Closing
- Documentation review
3. Servicing
- Post-closing review
- Loan servicing, annual reviews and deferments
- 1502 reporting
- Loan sales
- Audit support
- Liquidation tracking and guaranty purchase support
Watch
Transforming lending for community banks
See how Lenders Cooperative LSP services help community banks grow their SBA lending.
Results
How lenders use our LSP team
Our team reviews every new SBA SOP for our clients. Read our guides to SOP 50 10 8.1 and the SOP 50 57 4 servicing update.
Shared services
Pair it with our other services
FAQ
SBA LSP questions
What does an SBA Lender Service Provider do?
An LSP supports a lender’s SBA program on its behalf. Our team can handle origination, underwriting, processing, closing and servicing work, so you can grow SBA lending without adding staff for every step.
Do you support both 7(a) and 504 loans?
Yes. Our LSP team works with banks and credit unions on 7(a) and 504 lending, from eligibility and underwriting through closing and servicing.
Can we use you for only part of the process?
Yes. We offer full-service support or a la carte services, with service agreements and pricing built around your needs.
Do we need to use the Lenders Cooperative lending platform?
No. We are vendor agnostic and can support your SBA program with the systems you use today.
Do you help with SBA servicing and liquidation?
Yes. Servicing support includes post-closing review, annual reviews, deferments, file maintenance, 1502 reporting, liquidation tracking and guaranty purchase support.
How do you keep up with SBA rule changes?
Our team reviews each new SBA SOP and procedural notice, and shares what changed with our clients.
Ready to take the next step?
Learn more about our SBA LSP services and connect with one of our expert lending professionals today!