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OnDemand Course

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

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

In the current economy, many lenders are looking to the credit enhancement offered by the U.S. Small Business Administration's Government Guaranteed lending programs to keep capital flowing to America's small businesses. While the many benefits of the programs may be appealing to lenders, lenders must understand the nuances of the SBA's rules and regulations to ensure that guarantee will be honored by the SBA in the event of a borrower's default.

89 minutes
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Background

  • SBA Lending Program in General
    • The 7(a) Program
    • The 504 Program
  • Lender Participation

General Eligibility Requirements

  • Type of Business
  • Use of Loan Proceeds
  • Credit Criteria
  • Collateral Requirements
  • Loan Authorization

Due Diligence Items

  • Entity Documents
  • Searches
  • Real Property
  • Personal Property
  • Refinance
  • Construction
  • Insurance
  • Business Acquisition
  • Equity Injection
  • Agents

Loan Documents

Servicing/Liquidation

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 4, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Katherine D. Tohanczyn

Katherine D. Tohanczyn

Starfield & Smith, P.C.

  • Associate, Starfield & Smith, P.C.
  • Practices in a variety of contexts, including commercial lending, finance, real estate, and corporate law
  • Represents lender clients in various government-guaranteed loan transactions, including the SBA 7(a) loan program
  • Advises lender clients in various government guaranty closing matters and repurchase matters
  • Audit loan files for regulatory compliance
  • J.D. degree, Villanova University School of Law; B.S. degree, Chestnut Hill College
  • Can be contacted at 267-470-1187 or [email protected]
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!


  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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$699/year

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Product ID: 406788
Published 2019
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Available in Multiple Formats

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