SBA Update

October 16, 2017



Last week began with limited activity in the SBA sector only to finish the week strong, as portfolio managers picked up floating-rate SBAs and fixed-rate paper from the latest DCPC auction.  Floating-rate additions were both seasoned equipment-backed pools and seasoned real-estate pools.

 

Floating-Rate 7(a) Pools

 

Fixed-Rate (DCPC and SBIC) Pools

 

Government Guaranteed Loan Trading

 

 

Portfolio managers continue to add both floating-rate and fixed-rate SBA paper to their existing portfolios.  Recently, managers have looked to seasoned paper, tailoring their purchases to the cash flows needs of their portfolio.

 


Greg Roll, CFA

Senior Vice President

Vining Sparks

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