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DRDA, P.C. is one of America's
top CPA firms for small businesses. We have been a trusted advisor and
consultant to America's small businesses for over 23 years.
We have produced a White Paper that
explains how we developed the Equity Injection rollover solution, the
BORSA™. We are confident that the BORSA™ can help your SBA loan
officers increase their SBA loan volumes.
View the BORSA White Paper
Our unique position as a CPA firm that specializes in financial consulting
to small businesses, and our extensive experience with SBA lending, makes us
the best choice for solving the challenges posed by the new Small Business
Administration SOP-50 10 (5).
SOP 50 -10 (5) stipulates that a Small Business Administration Loan
Applicant may no longer use cash from home equity loans or other personal
credit for an Equity Injection, unless the borrower can demonstrate
repayment ability from sources other than the cash flow of the business.
The BORSA™ allows your customers to use cash from their qualified
plans for the required Equity Injection for their SBA loans, without
incurring taxes, penalties, or interest.
As CPAs we not only create the structure that allows customers to use their
qualified plans balances for an Equity Injection, but we also provide SBA
lenders with the documentation required to be compliant with any post-close
reviews by the Small Business Administration. We have taught courses
on compliance with this structure through NAGGL and Coleman Publishing.
We also offer audit and Small Business loan review services to lenders. DRDA,
P.C. can help you and your customers remain compliant with the Small
Business Administration's documentation requirements stipulated in the new
SOP.
View the BORSA White Paper
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