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When a borrower approaches 60 days late it is time to conduct a site visit. If a borrower fails to make their required payments and/or you are unable to contact them, CSI will visit the business to verify it is still in existence and ask the borrower to make contact with the bank. In order to secure an SBA guarantee it is required that a site visit be completed at 60 days delinquent. Due to distance, time, cost or other factors, BDO's may not be available to conduct this visit. By utilizing CSI's vast field inspection staff, it can be your "eyes and ears", wherever your borrower may be.

 

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