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

Great economic news for small businesses on main street! "After almost five years of gradual economic recovery,... fb.me/6yXwAxUF2

About 2 months ago from SAFE-BIDCO's Twitter via Facebook

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