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American Banker - On Focus and In Depth

Saturday, November 21, 2009, as of 03:34 AM EDT

Community Banking - Comparison Shopping

American Banker | June 9, 2009

A new online platform is shaking up the bidding process for Small Business Administration loans, just as the secondary market is emerging from its deep freeze. For lenders, the added competition could mean more bids from investors — and higher premiums.

 

SMALL BUSINESS

Platform Gives SBA Loan Sellers Broader Options

The platform helps banks bid out and sell loans faster, potentially increasing the liquidity they can use to turn around and make new loans.

WEALTH MANAGEMENT

Market Ate Your Client's Assets — Now What?

Bank brokerage executives and others say too many advisers are responding to the financial crisis by doing the exact wrong thing: avoiding their clients.