April's lender newsletter dives into how 504 can accompany spring construction, celebrates a new elite lender, and announces WBD's June Seminar Series.
Make SBA 504 part of your spring plans! Rather than viewing the 504 as a fallback, experienced lenders and advisors are positioning it early as a strategic financing tool.
Unable to attend our April seminar series events? Don’t worry—we’re back with a second round this June! Click here to register and learn more.
WBD is pleased to recognize Dave Kruck, senior vice president and business banker with Horicon Bank, who recently completed his 10th SBA 504 loan with WBD and is recognized as a WBD Elite Lender.
March's Lender Services newsletter goes over SBA Policy & Procedural notice updates, common screen outs, WBD's SBA Fundamentals Workshop, and more!
Phil Schrabeck, Vice President and Senior Credit Manager, has been with WBD since 2008. During his tenure, Phil has worked on 504, 7(a) and New Markets tax credit applications. He currently...
March's newsletter includes the inside scoop on WBD borrowers' credit profile, reminds readers of our April 2026 Seminar Series, announces CEO Dan Schneider's award for Community &...
Read this article for a summary of the updated borrower credit characteristics based on WBD’s internal credit scoring at the time of approval.
This month, we share April Nelson's inside scoop on equipment financing, announce our April 2026 Seminar Series, and invite readers to register for our SBA Fundamentals Workshop.
Registration is now open for WBD’s Fundamentals Workshop on Wednesday, May 13 at Kalahari Convention Center in Wisconsin Dells!
WBD’s Seminar Series returns April 2026. Register today for one of our free seminars featuring small business financing insights, SBA 504 Loan Program updates, real-world case studies, and,...
The SBA 504 loan program is a powerful tool to help your clients finance major equipment CAPEX projects while strengthening your financial institution’s competitive position.
Our January Lender Services newsletter covers revisions to the SOP relating to citizenship and residency, recent lender questions, SBA litigation plans, and more!
In recent months, lenders have seen a rise in SBA loan defaults, prompting many institutions to revisit their litigation plan procedures to ensure compliance with SOP 50 57 4, which became...
The 2025 National Association of Government Guaranteed Lenders Fall Conference brought together SBA lenders, policy experts, and industry leaders to discuss the evolving landscape of 7(a) lending...
In the first lender newsletter of 2026, WBD announces a new senior leadership team, recognizes a non-lender WBD Hall of Famer, and reminds readers of the upcoming 2026 Wisconsin Lenders Conference.
Vicki Stone is Vice President and Servicing Manager and has been with WBD since 2015. She is primarily involved in 504 loan servicing, though she’s also a terrific resource on the 7(a) side...
As previously announced, Jason Monnett is the new President of WBD, with Dan Schneider remaining as CEO. Jason is pleased to announce the senior management team for the organization,...
WBD’s leadership bestowed the honor of inducting Patrick Schloss into its Hall of Fame during the meeting of its board of directors in November.
WBD, Inc. is pleased to announce Jason Monnett has been named President effective January 1, 2026.
In the last newsletter of 2025 we recap FY 2025, give guidance on the recovery from the federal government shutdown, announce a new WBD Hall of Famer, and more!
WBD announces Phil Whitehead as the eighth inductee into its prestigious Hall of Fame Lender Team, celebrating his achievement of 20+ SBA 504 projects.
Your partnership with our team during the 2025 fiscal year helped WBD stand out as the Number One CDC in the Midwest and #9 in the USA.
WBD is optimistic that the current federal government shutdown will soon be reaching an end. During this time, WBD’s team remains hard at work processing new and existing SBA 504 loan...
November's newsletter provides updates and information on the current federal government shutdown, celebrates a new elite lender, features a WBD 504 borrower, and welcomes our new marketing...
WBD welcomed Sean Fitzgerald to its team as the organization’s new communications and marketing manager. His addition to the organization aligns with the retirement of Lance Walter...
WBD congratulates Jared Leis, who is the 70th distinguished lender to achieve WBD Elite Lender Status.
October's newsletter covers the government shutdown's impact on the SBA and 504 loan program, and features the WBD-sponsored ConversActions podcast hosted by WBD board member Bill Mitchell.
The government entered a shutdown on October 1, 2025, resulting in the suspension of most SBA operations. WBD is monitoring the shutdown and wants to address any questions about our current...
Our September Lender Services newsletter dives into the MARC Loan for Manufacturers, a new case study, answers to your questions, and our new team member Tiffany Burnett!
In September's newsletter, we share updates on SBA 504 fees for manufacturers, honor a new Hall of Fame Lender, and share photos of our Elite Lender Golf Outing.
To support the Made in America initiative, the SBA has introduced fee waivers for manufacturers for the first time! Effective October 1, 2025, for 504 loans to manufacturers.
Ever wonder how SBA 7(a) loan projects come together behind the scenes? In this new series, we'll break down real-life case studies - highlighting sources and uses of funds, deal structures, loan...
WBD recognizes Matt Wilcox as the newest inductee into the Hall of Fame Lender Team, celebrating his remarkable achievement of 20 SBA 504 projects.
Tiffany Burnett is a new hire for WBD who came on board August 18, 2025. She will be working remotely for our 7(a) Lender Services business (WBD Service Company) alongside Becky Schneider and Jill...
September's borrower newsletter discusses tarrifs, WBD borrower River Bend Winery & Distillery, and advice from a business owner.
The U.S. Small Business Administration (SBA) has unveiled a new financing option tailored for small manufacturers: the 7(a) Manufacturer’s Access to Revolving Credit (MARC) program...
This month, Nick Drewsen offers an update on loan benefits for veterans and we announce a new Elite Lender, take a closer look at our borrower's profiles, and remind readers of Bill Mitchell's...
WBD is proud to unveil an initiative designed to support veterans: legal fee coverage by WBD up to $3,500 to Veteran-Owned Businesses applying for new SBA 504 loans.
WBD spotlights Bill Mitchell, WBD Board Member and host of a dynamic podcast series, ConversActions, that’s quickly become a must-listen for entrepreneurs, business leaders, and...
WBD’s loan portfolio is approaching $1.1 billion consisting of over 1,700 loans. For the past 20 years, we have been using a credit scoring system to help underwrite loan requests. We...
Jeff Liddicoat joins nearly 70 distinguished lenders with WBD Elite Lender Status.
This month's borrower newsletter dives into economic development organizations, WBD borrower Allied Emergency Vet Services, and important shopping choices for Americans.
In July's newsletter we wrap up another successful Seminar Series, recognize a new Elite Lender, offer marketing assistance and touch on our volunteer efforts.
In July's borrower newsletter, we share information on Family-Friendly Workplace Certification, Miron Construction success, and family dynamics in a family business.
I’d like to extend my heartfelt appreciation to everyone who joined me for one of WBD's Seminar Series events in June. Your energy and enthusiasm helped make these gatherings a true...
Our June newsletter is filled with information that matters to you. We offer a recap of the Spring NAGGL Conference and Wisconsin Lenders Conference, our Q&A section and an up close look at...
In June’s second borrower newsletter, we discuss AI, business growth advice from a LinkedIn expert, and practical tips for using ChatGPT.
Our WBD team attended the Wisconsin Lender’s Conference on May 15 at the Kalahari Resort in Wisconsin Dells. We joined several learning sessions, connected with lenders, enjoyed an awards...
Jason Monnett is Executive Vice President of WBD. Jason has worked with SBA loan solutions for nearly 30 years, joining WBD in 2001. In his current role, he oversees WBD’s team of seasoned...
I recently had the pleasure of attending the 2025 Spring NAGGL Conference held May 13-15 in Salt Lake City! Both NAGGL and SBA leaders were optimistic that the SBA 7(a) program will continue...
June's 504 lender newsletter is short and sweet! We update you on this month's 504 interest rates and thank you for attending our seminar series!
In this newsletter, we cover navigating tariffs, spotlight WBD borrower Jessica Blaska‑Grady, and share key insights for small business owners.
Read all about our award winning 504 borrowers, another reminder about the Seminar Series, a new Elite Lender, and an amazing trip to the nation's capitol!
May’s borrower newsletter features Forbes tips on local marketing, a conversation on managing rapid growth, and a question about preparing for sudden change.
Mark and Shawn Bula, the father-and-son duo behind Signature Farms, were recently honored as SBA’s Small Business Persons of the Year for Wisconsin. Based in Grand Marsh, WI, Signature Farms...
A team from WBD, Inc. attended the 2025 National Association of Development Companies Spring Summit (May 4-7) getting the latest regulatory updates, networking, and advocating for the SBA 504...
This month we invite our readers to our upcoming Seminar Series and SBA workshop, Kyle's insightful Inside Scoop, and introduce our friend Bill Mitchell's new podcast!
In this edition, we explore a marketing tool, feature a conversation with the founder of a children’s learning center with exotic animals, and ask a question to help us better serve...
This edition features an energy and cost‑savings tool, a conversation with a pretzel maker, and a question about taking your business from good to great.
March's newsletter offers an informative Inside Scoop, an update on the strength of the 504 program, an Elite Lender announcement and much more.
Register Today for WBD's Seminar Series!
WBD’s Seminar Series is headed your way this summer and we hope to see you there! WBD loan officers will provide updates on the 504 program...
In March's borrower newsletter, we explore a business intelligence tool, feature a conversation with a cutting‑edge metal fabricator, and ask a question about standing out from the...
March's newsletter is packed with information that matters to you, including: tips for franchise lending, 1502 report requirements, Q&A, and get to know Wenda Roycraft.
February's borrower newsletter connects you with a business mentor resource, shares wisdom from a frozen pizza powerhouse, and asks for your thoughts on will boosting your business this...
February's newsletter includes a look at one of the benefits of a 504 loan by our Loan Officer, April Nelson. Also included is a feature on our top 504 lender partner, Luke Hagel.
SBA 504 loans can support multiple operating companies within a single project. The 504 loan provides flexibility for businesses looking to expand, consolidate. or make improvements.
Has your institution prepared for the required changes in SBA 1502 reporting on your SBA 7(a) loan portfolio?
Did you know the WBD Service Company can assist you with the...
This month, WBD is proud to celebrate Luke Hagel, a seasoned banker who has earned the prestigious titles of Elite Lender and Hall of Famer for his exceptional work in partnering with us on 20+...
Have a look at our brand new WBD borrower newsletter! Here you'll find business resources, stories, and a new podcast featuring a WBD business borrower, hosted by WBD Board Member, Bill Mitchell.
See this month's newsletter for insights from our CEO, Dan Schneider, as well as news featuring an Elite Lender, and of course our Inside Scoop this month written by Jason Monnett. We also mention...
WBD's FY 2024 Annual Report is loaded with information on our fiscal year financials, job creation efforts, and mission support details as well. Also, this year we bring back our links to drone...
Have a look at our new Lender Scoop, filled with information to help you get ahead! We've got NAGGL Conference takeaways, Q&As and a spotlight on our awesome Lender Services Manager, Jill...
SBA 504 Refinancing: New Rules and Key Benefits for Small Businesses
A recent Forbes Magazine article, “With Rates Dropping, the SBA is Relaxing Its Refinancing Rules for Small...
This month we focus in on our FY24 Annual Report, which is loaded with great information on what we were up to last year. Also included is a special congratulations to a new Elite Lender.
Congratulations to Rob Wyman, Vice President at Incredible Bank, for achieving the status of Elite Lender!
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, SVP - Business Relationship Manager at Lake Ridge Bank in Madison, for achieving the status of Elite Lender!
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...
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!
Whatever it may be, SBA is usually a good mitigant to help get a deal done no matter what challenges lenders may face.
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...
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...
WBD has been offering Simultaneous Closings for several years. Simultaneous Closings streamline the 504-loan closing & funding process and make things easier for your borrowers.
Congratulations to Jim McNulty, Senior Vice President at Oak Bank, for becoming our newest Elite Lender!
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!
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...
Employee Stock Ownership Programs (ESOP) grant workers ownership stake in the company as part of their overall compensation package, typically in the form of retirement assets.
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.
Perhaps if more individuals knew about the low equity requirement of the SBA 504 loan program, it could encourage more individuals to open their own facility.
Contact WBD:
5202 Eastpark Boulevard, Suite 109
Madison, WI 53718
5202 Eastpark Boulevard, Suite 109
Email: wbd@wbd.org
Phone: (608) 819-0390
Fax: (608) 819-0393
Sign up for newsletter: