Partner with Pursuit’s LSP to launch and manage SBA loan programs immediately, effectively, and without any fixed costs.
It’s easy to offer U.S. Small Business Administration (SBA) loan products when you’ve got a Lender Service Provider (LSP) in your corner. Pursuit’s LSP gives you the opportunity to unlock new business opportunities, using our unique process to keep SBA eligibility, loan underwriting, SBA submission, and approval times as efficient as possible.
Start your partnership with Pursuit’s LSP and let us do the heavy lifting! We’re here as a resource to guide you and your team through each step of the SBA loan servicing process.
An LSP empowers financial institutions to launch and manage SBA loan programs immediately, effectively, and without any fixed costs. Pursuit’s LSP stays up to date on all SBA requirements and changes so you don’t have to, ensuring that your SBA guarantee will remain intact.
Working with Pursuit’s LSP gives you an instant SBA lending department. We take care of everything from loan underwriting through servicing so you have time to focus on growing your client base. We’re fluent in the SBA’s language and can translate every step and requirement to give you clarity throughout the loan process.
Let us manage ongoing loan servicing and rest easy knowing your borrowers’ loans are maintained in adherence with SBA requirements.
Rachel Baldini
Vice President, Director of Lending
First State Community Loan Fund
Pursuit’s 70+ years of SBA lending experience sets us apart from other lender service providers. By using our Fast Track Assessment tool, the industry’s most efficient way to prescreen for SBA eligibility, you receive the information needed to determine eligibility within two business days, limiting your resources spent on ineligible applicants.
Pursuit LSP’s legal experts provide guidance throughout each loan closing, ensuring all parties successfully navigate unique SBA requirements. Our team of SBA lending experts makes it easy by completing the pre-closing searches and filings for you. As your trusted partner, Pursuit LSP manages the SBA loan submission process, coordinates closing and funding, and provides ongoing legal support until the loan is fully disbursed.
Our commitment to you goes well beyond final disbursement! We’re specialists at reviewing all newly closed loans, screening for insurance coverages, lien positions, financial monitoring, and collateral inspections. Our experienced loan servicing team ensures that all collateral is obtained and retained for the life of the loan. In regulation with the SBA, Pursuit’s LSP conducts loan reviews annually to identify and address any potential risks or trends within your portfolio.
Get in touch with us today, and learn how Pursuit’s LSP can guide you and your team through the steps of the SBA loan process.
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