With new accounting standards, changing legislation, procedural modifications, and the proliferation of loans entering the secondary market, it is more important than ever for today’s SBA Lender to keep pace with what is happening in the marketplace. At GLS, we recognize this can be a difficult landscape for any lender to navigate without the right tools. Simply put, our goal is to keep our client’s current while easing the burdens of selling, settling, analyzing, and valuing their SBA loan production. We offer five distinct services to our lending clients which we believe will help them achieve the results they are looking for.
Loan Settlement Solutions
Our e-Settle module, assists lenders with all of the transactional and operational aspects of selling their loans in the secondary market. From the sale itself, to FAS compliant gain on sale analysis, to workflow automation and settlement, we help our clients save money while increasing productivity and profitability.
Asset Valuation Solutions
Servicing responsibilities continue long after loans have been sold in the secondary market and properly valuing the residual assets in current accounting environments can be a challenge to many lenders. At GLS, we have leveraged off of our market relationships and years of experience as traders to develop complex and highly accurate models to value all of your SBA assets from servicing and IOs, to un-guaranteed balances. We pride ourselves on our data and methodologies and deliver to our clients an automated, consistent, independent, and defensible asset valuation that is unmatched in the industry.
“The analysis required by FASB 156 and 157 has placed a greater burden on lenders to properly value their SBA 7(a) servicing assets. I have relied on the professionals at GLS to develop independent third-party valuation for accounting and financial reporting. The extensive experience of the principals at GLS in this asset class gives them a decided advantage regarding the assumptions and inputs underlying the valuation analyses and an ability to defend the results of their work before auditors and examiners.”
Consulting Solutions
We appreciate that our clients often need customized solutions to specific problems they face. Through our consulting solutions, we strive to consistently deliver creative ways for our clients to turn potential problems into real opportunities.
CPR Report
In an age that emphasizes information, we believe that having good data and analytical vision is the key to making sound decisions. Through our monthly publication, we provide one-of-a-kind insight into the forces that influence pricing in the SBA marketplace - prepayments. Providing timely and relevant analysis is just another way that GLS helps put our clients at the forefront of the market.