Banks of all sizes are selling their PPP portfolios and outsourcing servicing. Should you, too? Like most lenders, you may be experiencing PPP fatigue and not equipped to handle years of PPP forgiveness ahead.
Reduce risk and realize your PPP income early. Sell some or all of your PPP loan portfolio by the June 30 deadline.
Better Service for Your PPP Customers
Ever-changing SBA rules make PPP servicing and forgiveness a moving target for banks. Why risk it? Eliminate risk and ensure your PPP borrowers receive white-glove loan servicing with ACAP + The Loan Source. Our multi-lingual servicing team guides your customers through the entire process.
Accelerate Your PPP Loan Income
Since most PPP loans have two-year terms, borrowers who fail to qualify for forgiveness could force a delay in revenue recognition for banks. Lenders who partner with PPP servicing experts ACAP + The Loan Source realize their PPP loan income early and avoid years of PPP loan forgiveness servicing.
Close Quickly & Keep Your Customers
Without an SBA department, banks can struggle to meet the demands of servicing PPP loans. ACAP + The Loan Source has supported hundreds of banks, just like yours – delivering outstanding customer care while exclusively servicing PPP loans.