Loan Servicing

SAFE-BIDCO’s thirty year history of providing small business loans/loan guarantees has created a unique set of talents we can put to use to help lenders handle their loan servicing issues.

We are able, as a fee-based service, to efficiently and competently perform all tasks related to loan servicing. SAFE-BIDCO’s loan servicing includes:

  • Document recording
  • Covenant & insurance tracking
  • Loan servicing actions, i.e. billing and payment collection
  • Loan disbursement histories
  • Coordinating collection and liquidation efforts
  • Maintaining segregated depository accounts for multi-fund programs
  • Monitoring use of loan program proceeds
  • Reporting on loan data as required under program guidelines
  • Mentoring services

At SAFE-BIDCO, we’re dedicated to helping California’s small businesses and the communities they serve grow and prosper and we can help other lenders to do the same.

 

NEWS

SAFE-BIDCO is proud to introduce Linda Smith as our newest board member! Follow the link below to find out more... fb.me/2X1MkaQ2C

About a week ago from SAFE-BIDCO's Twitter via Facebook

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