October's Insights include pertinent information about SBA refi rules, an Elite Lender announcement, a recap of our recent Elite Lender event, and a big "Thank You" to our lending partners.
A great time had by all at the 2024 WBD Elite Lender Golf Outing at Lawsonia Golf Club! Have a look at our pictures from the day's event.
The SBA's rule changes, effective November 15, 2024, will help your business borrowers in a number of ways, including making it easier to refinance debt.
Also, the new rule change...
Congratulations to Ted Gunderson, Senior VP - Business Relationship Manager at Lake Ridge Bank in Madison, for achieving the status of Elite Lender! Since his first collaboration with WBD in 2008,...
Loan Officer Steve Kohl offers his advice this month in WBD Insights. You'll also find information on our new Elite Lender, our commitment to giving back to other economic development...
As lenders, we have all run into our share of challenging projects. Those challenges come from different aspects of the deal. Sometimes it is credit concerns about the borrower, other...
We work hard to keep WBD an effective, professional, trusted partner for all your SBA 504 needs. Make no mistake, building great relationships with lenders is a big part of our job and we...
Congratulations to Justin Harings, Community Bank President at CCF Bank, for achieving the status of Elite Lender! Since his first collaboration with WBD in 2017, Justin has partnered with us on...
Here's another jam-packed Lender Services newsletter! We offer updated form links, info on the Capital Pilot Program, Q&As, and much more.
This month we feature an article by Loan Officer, Kyle Kuntz, and also announce lower 504 service fees for FY25, an Elite Lender and a Mission Partner update.
For months now we have all heard rumblings of the Working Capital Pilot (WCP) Program that can assist lenders in providing additional working capital options for borrowers. Having taken effect...
Becky Schneider has been a Lender Services Manager with WBD since 2015 and has been with the company a total of 13 years. She has been working with the 7(a) loan program since 1997, including 14...
SBA’s Office of Credit Risk Management (OCRM) is responsible for the oversight of SBA lenders and their 7(a) and 504 loan portfolios. OCRM’s mission is to maximize the efficiency of...
To keep you informed and help you better navigate through the SBA process, we answer a few customer questions we've recently received.
1. Q: We are looking at a deal where we are...
Salute the Troops, based in Fond du Lac, is an organization we're proud to call a Mission Partner and to see the impact they've made with support from WBD. Their mission is to assist local service...
If you are working with a member of our team on a 504-transaction financing a straight purchase of real estate, or on a 504-debt refinance project, the term “Simultaneous Closing” may...
Congratulations to Jim McNulty, Senior Vice President at Oak Bank, for becoming our newest Elite Lender! Jim has earned a place on our Elite Lender team by partnering with WBD on more than ten...
WBD's Tyler Swenson fills us in on ESOPs and the 504 loan, we thank everyone for joining us at our Seminar Series and announce a new Elite Lender this month.
Congratulations to Jeff Vohs, Stateline Market President at CBI Bank & Trust, who is our newest Elite Lender! Jeff is now a part of our Elite Lender team because he has partnered with WBD on...
Over the past decade, there has been a noteworthy 22% surge in privately-held companies embracing Employee Stock Ownership Programs (ESOPs), encompassing approximately 14 million employees in the...
WBD proudly supports Milwaukee Tech in their effort to address the city's startup funding deficit. Milwaukee Tech is a non-profit membership organization that serves as a unifying voice for their...
Thanks again for registering for our Seminar Series event. In case you weren't able to attend, no worries, we've got you covered.
In the link below feel free to open and download our...
We've got a packed issue of the Lender Scoop this month with several SBA 7(a) Loan news and updates!
This month we continue to invite our viewers to attend our upcoming Seminar Series, and we have an informative article from April Nelson, and a follow-up to our Fundamentals Workshop.
As more people have returned to work, we continue to hear from both businesses and potential employees that access to quality childcare is difficult, if not impossible in some areas. As...
WBD is a proud supporter of Family Friendly Workplaces, based in Woodville, WI. Their Executive Director, Neil Kline, believes in their mission of addressing western Wisconsin’s workforce...
Thank you for attending our workshop! If you weren't able to join us, we've got you covered.
In the links below you'll be able to open and download our presentation and our Lender...
WBD Loan Officer, Mark Maurer, put together our informative Inside Scoop this month, and we also announce the return of our Seminar Series, an upcoming WBD workshop, and a congratulations message...
WBD's Seminar Series is Coming Your Way in June!
WBD’s Seminar Series is headed your way and we hope to see you there! WBD loan officers will provide updates on the 504 program and...
In the coming weeks and months, there's a good chance you'll be hearing from business owners who will be asking about the SBA 504 loan. That's because we've stepped up our outreach with Wisconsin...
WBD supports the Wisconsin Economic Development Association (WEDA) in their efforts and vision in making Wisconsin a better place to live and work through economic advancement. Through advocacy,...
When it comes to the Small Business Administration (SBA), the emphasis on 'small' is unmistakable. Yet, behind this seemingly straightforward label lies a few misconceptions regarding what truly...
Congratulations to Seth Wage, Vice President, Commercial Banker, at Peoples State Bank in Wausau, WI, who is our newest Elite Lender! Seth is now a part of our Elite Lender team because he has...
The first edition of our 7(a) Lender Scoop is here and full of insight and information that matters to you! Wenda Roycraft offers and intro to this newsletter, the Lender Services Team, an...
Our Insights newsletter this month includes an Inside Scoop article from WBD Loan Officer, Mike Dieckman, as well as information on how we're promoting our customers on social media, a Mission...
The 504 program is known for providing long-term fixed rate financing, a significant benefit to borrowers. But sometimes it’s the program’s other benefit that’s most...
WBD is proud to support the Madison-based Latino Academy of Workforce Development as a 2023 Mission Partner. Their mission helps to strengthen their diverse communities by providing linguistically...
February's Insights includes EIDL loan servicing tips, a tip of the cap to our newest Elite Lender, a Mission Partner updated and much more.
In 2015, Owen Jones and Richie Bassi acquired Tommy Docks, a Weston, Wisconsin-based manufacturer specializing in high-quality do-it-yourself dock systems and accessories. Despite initial...
EIDL loans have become a hot topic in SBA lending and more and more often we are hearing from lenders that need servicing actions completed on those loans for routine business transactions. The...
WBD is proud to have New North, Inc. as a Mission Partner. New North is a regional marketing and economic development corporation fostering collaboration among private and public sector leaders...
WBD congratulates Eric DeJardine, Vice President at Nicolet National Bank in Sister Bay, WI, who is our newest Elite Lender! Eric has partnered with us on ten or more projects since 2009, which...
January's newsletter shares some great news about the 504 and CRA, we remind readers to see our FY23 Annual Report and introduce a new Elite Lender.
We’re proud to support Wisconsin Rural Partners (WRP), an organization that helps convene rural communities around economic development issues throughout the state of...
Great news for lenders who use the 504 program! Recent changes have led to yet another benefit of using the SBA 504 loan program to assist your small business borrowers: All 504 loans now qualify...
WBD's Annual Report is here and ready for your perusal. You'll find information on our fiscal year financials, job creation efforts, and mission support details as well. Also, this year we...
Our newsletter this month includes an article from Loan Officer, Mark Maurer, a look inside our new Annual Report, and a new mission partner as well. Check it out!
As bankers, you see a lot of different business situations. The key is to recognize how to best position your customers for success. Often businesses growing quickly face a number of challenges...
WBD is excited to partner with Red Letter Grant to support and empower women throughout west central Wisconsin! Our partnership with Red Letter Grant and many other organizations is part of our...
Thank you for attending our Webinar! And if you weren't able to join us, we've got you covered.
In the links below you'll be able to open and download our Webinar presentation and/or view...
October's newsletter offers a look inside our customer survey results and we include an invitation to attend our free Closing Team webinar, and once again congratulate a new Elite Lender.
Check out our September newsletter, which includes an article by WBD Loan Officer Mark Maurer, some great news about our Minnesota service area, and we congratulate a new Elite Lender.
Here is a great opportunity for your bank or credit union's SBA Support Staff and Closing Team!
If you or your lending institution's Closing Team and/or SBA support staff have ever dealt...
Over the past few years appraisals have been causing more than a few problems. Generally, the trend is for appraisals to come in short. As lenders, this can cause some problems. Fortunately, the...
WBD Inc. honors its top lending partners from across Wisconsin, Minnesota and the Upper Peninsula of Michigan for their success in helping small business get the financing they need to grow,...
In this month's newsletter, WBD Loan Officer Katie Bowman, provides some expert advice on environmenal reports, and WBD congratulates a new Elite Lender.
WBD Inc. honors its top lending partners from across Wisconsin, Minnesota and the Upper Peninsula of Michigan for their success in helping small business get the financing they need to grow,...
While the SBA requires an Environmental Report on all real estate projects, the type of report varies depending on a number of factors. There have been some recent changes, but Partner Engineering...
July's newsletter includes an Inside Scoop by Mike Dieckman on how the SBA 504 loan can bring some relief to 7(a) borrowers faced with high interest rates. Also included is a mention of our $1...
Do you know a small business owner who financed their real estate or heavy equipment with an SBA 7(a) guaranteed loan in recent years? Many SBA 7(a) loans are priced at the Prime Rate, plus 2.75%...
This month our Loan Officer, Tyler Swenson, writes about higher 504 loan limits for manufacturers and Green Energy projects. We're inviting our lenders to join us at this summer's Seminar Series,...
Do you have a borrower that is running up against the SBA exposure limits of $5,000,000? If your borrower is a manufacturer or can meet one of SBA’s Green Public Policy Goals, they can...
The April WBD Insights newsletter features an Inside Scoop from loan officer Steve Kohl, who offers his knowledge of business and partner buyouts. There are many other updates in this issue,...
We’re Coming to a City Near You in 2023!
WBD’s Seminar Series is headed your way and we hope to see you there! WBD loan officers will provide updates on the 504 program and...
WBD often partners with bankers to work with borrowers who are looking to transition ownership of their small business. Typically, many of these businesses are owned by multiple partners with...
March's newsletter includes an Inside Scoop from April Nelson, discussing the benefits of the 504 program. We also congratulate a new Elite Lender and award-winning WBD customers, and we're...
Do you have a small business customer who has been leasing space from a third party? Or a startup business who is about to enter into a long term lease? If so, consider discussing with them the...
In the coming weeks and months, there's a good chance you'll be hearing from business owners who will be asking about the SBA 504 loan. That's because we've stepped up our outreach with Wisconsin...
Our newsletter this month includes an Inside Scoop from Nick Drewsen, as well as a "Thank You" message to our lending partners who enabled us to earn the CDC FY2022 Wisconsin SBA Award.
WBD Inc. honors its top lending partners from across Wisconsin, Minnesota and the Upper Peninsula of Michigan for their success in helping small business get the financing they need to grow,...
Every year WBD participates with multiple lenders on complex change of ownership transactions that include the purchase of real estate. In many cases financing is provided in combination with the...
Our refreshed WBD Insights newsletter introduces The Inside Scoop - an educational series of articles on the SBA 504 written by WBD Loan officers.
WBD Inc. honors its top lending partners from across Wisconsin, Minnesota and the Upper Peninsula of Michigan for their success in helping small business get the financing they need to grow,...
Happy Holidays and New Year from WBD! Thank you for helping WBD have our most productive year in our history!
In today’s economic environment, your lending institution has likely discussed tightening up its credit box, in addition to pursuing deposits due to lingering liquidity concerns. If this is...
WBD's President Dan Schneider reflects on a successful FY 22, and we honor Joe Wolfe, former President, who made a big impact in WBD's success.
The Five Percent: Managers Who Take Ownership
Managers who take full responsibility with energy, humility, and pride are rare and valuable. They’re essential to success and growth...
WBD invites you to connect with Barb LaMue, President & CEO of New North, Inc. New North is a 501(c)3 nonprofit, regional marketing and economic development Corporation fostering collaboration...
Another productive and record-breaking year at WBD, and we look back on our economic development activity both in FY 22 and looking forward. Also, read about the benefit of the 504 program that gives the ability of a buyer to assuming outstanding 504 loans.
WBD invites you to connect with a highly respected, experienced and trusted business banker, Larry Schwenn. Larry is the SVP of Commercial Lending at DMB Community Bank, based in the Madison area...
WBD invites you to get connected with Craig Aderhold, Market President - Northeast Wisconsin/Lakeshore, Wisconsin Bank and Trust. Craig holds the primary responsibility of leading the...
A WBD customer, chef and business owner receives a well-deserved and coveted award, see our upcoming events and find out who our new Elite Lender is. Also, our ranking in the list of national CDCs and our region is something we're very proud of, in part thanks to our lending partners.
This month we take a look at new SBA appraisal rules that allow for up to a ten percent shortfall in appraised value for 504 loans. We also congratulate our newest loan officer, Katie Bowman, and announce the addition of our new Elite Lender.
WBD invites you to get connected with Tim Schneider, CEO/President - Bank Five Nine.
Tim's extensive banking experience and countless relationships forged during his...
We'd like to introduce you to April Nelson, Vice President and Loan Officer at WBD, who is based in Stillwater, Minnesota. She works with bankers and business borrowers in western Wisconsin...
Thank you for helping make our Seminar Series a success! And check out our many links to our resource pages, including seminar presentations, toolkits and much more.
There's still plenty of time to register for our Summer Seminar Series! Our Seminars are being held throughout the state this month and we hope to see you there. Also, check out how WBD is staying active on social media and chambers of commerce across Wisconsin and Minnesota.
WBD announces Seminar Series dates and locations coming up in June. This month's newsletter also includes a congratulations message to our new Elite Lenders, an upcoming event we'll be attending, and a WBD servicing update.
This month we offer a sneak peek at our upcoming Seminar Series, a refi toolkit reminder, and how we were proud to be recognized by the SBA in receiving an award for the top CDC with the most loan approvals. Also, a congrats to the Wisconsin SBA National Small Business of the Year Award.
Great news regarding the long-term future of the 504 loan program! President Biden signs a funding bill to increase the 504 loan program Authorization level. We offer a thank you to our 504 refi webinar attendees, and welcome our newest elite lender.
You're invited to join us for our upcoming March Refi Webinar! Also, we take a look at our local economic development projects, and how our social media audience is growing. Follow us on Facebook and LinkedIn!
Announcing our upcoming Refi Webinar hosted by our loan officers starting in February, and we invite you to take a look at our FY 21 Annual Report as WBD turns 40. What an amazing 40 years we've had in helping small businesses succeed! And we're excited to introduce our new Loan Officer and Vice President, Mark Maurer.
We are not currently hiring but please check back soon for job openings.
Contact WBD:
5202 Eastpark Boulevard, Suite 109
Madison, WI 53718
5202 Eastpark Boulevard, Suite 109
Phone: (608) 819-0390
Fax: (608) 819-0393
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