Our company provides training programs based on your company’s individual needs. We can help you put effective and efficient processes in place and provide the additional resources need to assist your financial institution in becoming a successful SBA lending team.
Our Team provides training on...
SBA 7(a) Program - Loan Eligibility and Structuring This course is for all lending and support staff who must have an understanding of the 7a guaranteed loan processing regulation as written in the SOP 50 10. Participants will learn the SBA program parameters and have a complete understanding of what the lenders responsibilities are under the program. Participants will become competent in the SBA Eligibility Regulations and Credit Criteria so they can identify eligible SBA credits.
SBAExpress Lending This course is designed to familiarize participants with the guidelines for participation in the various SBAExpress loan Programs such as; SBAExpress, SBA CommunityExpress and SBA PatriotExpress.
SBA Loan Application Processing A course designed for those who complete the SBA loan application for guarantee approval. Participants will gain an understanding of the SBA structure and the different Lending Programs. Participants will receive application procedures training for SBA 7a and SBA Express Programs.
SBA Loan Documentation, Closing and Funding Participants will become familiar with commercial loan documentation. The development of good loan documentation is a series of documents that progressively move from a close focus on the borrower through agreements with other parties. Participants will have a better understanding of the documentation and why they become an important part of the loan transaction.
Once the loan has been approved it is time to prepare closing documents. Participants will be instructed how to identify what SBA documents are required and what documents the credit union will want to include as part of the closing package. Instructions for funding and documenting loan disbursement will be given.
SBA 504 Lending - Issues and Opportunities for the 1st Mortgage Lender This course is designed to clarify the questions and address the requirements of the first lien lender in an SBA 504 loan structure. Participants will learn what SBA requirements the lender must comply with on the conventional note to protect their interest.
