Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

1
Posts
0
Votes
John Valley
0
Votes |
1
Posts

Where to send clients who have no where to go?

John Valley
Posted

I manage a Consulting firm with over 8,000 clients in our organization. Our clients come to us for various things to do for them to not only direct them but also include us getting done what needs to be done as a liaison for them.

One of the things we are trying to get done for a few of them (around 30), is the PPP loan that they all qualify for. We have several tax preparers, document sorters and even lenders on staff that they too can not take on any new clients.
The problem we are facing is 3 fold:
1. A very confusing application process. Each lender seems to have a "different" process and most of them create a more difficult process than it needs to be.
2. Many banks are unwilling to accept loan applications from “new” customers.
3. Delays in the disbursal of loan funds.
4. A creaky SBA computer system.

Bottom Line: We can not find lenders who will take on any of our clients let alone 30 of them.

I need some direction from you guys, the experts in this feed. Any would be appreciated.