Register Online - Add to Cart

Credits

Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 404920
 
Credit & Course Provided by:

Fundamentals of SBA Lending: Documenting, Closing and Funding the SBA Loan

Live Webinar
February 4, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Don't risk a denial - get the details you need to prepare successful SBA loans.

At one time SBA loans were considered loans of last resort because of the complexities and nuances of SBA requirements and closing process. As credit standards have tightened, government guaranteed loans have gained prominence whereby lenders appreciate the credit enhancements provided through SBA programs to provide to credit facilities as well as fee income earned on SBA loans sold in the secondary marketplace. While these programs are readily available and encouraged by the SBA, they can be complicated for lenders. The topic will walk you through the details you need to know to prepare successful SBA loans. If a SBA loan is not properly documented, closed and serviced, it could lead to a partial or full denial of the guaranty in the event of a default with respect to a 7(a) loan or result in the failure of lenders interim loan to be refinanced with a 504 loan debenture. You will learn who's eligible for loans, the different programs available (Standard 7(a) Loan Processing, Certified Lender Program), Preferred Lender Programs, 504 Loan Program, how the process works, what you need to document, and how to avoid common pitfalls.

Learning Objectives

  • You will be able to review 7(a) and 504 programs.
  • You will be able to discuss SBA authorization.
  • You will be able to identify capital injection requirements.
  • You will be able to explain closing and funding SBA loans.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart