BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Protecting the SBA guarantee is critical to lenders and borrowe rs alike. But the rules are shifting to modernize the 7(a) loan program. T his presentation will acquaint you with the changes&hellip\; before more c ome down the pike.\nLearning Objectives\n\n Understand recent proposed SBA rules and new SOP guidance\n Identify the key eligibility issues in underwriting an SBA loan\n Correct common closing and funding mistakes that impair a lender&rsquo\;s guaranty\n Ensure your liquidation proce dures are aligned with SBA guidelines\n Review the fundamentals of a gu aranty purchase package\n\nNew rules are being adopted by the U.S. Small B usiness Administration (SBA) to streamline and increase access to capital for small businesses. While modernizing the 7(a) loan program is a welcome change\, implementation of the new rules may initially create some uncert ainty for lenders. This webinar will address the updates and how they will impact underwriting and documenting 7(a) loans. It will identify critical points to preserving and protecting the SBA&rsquo\;s conditional loan gua ranty in a shifting credit market. Lenders&rsquo\; responsibilities for se rvicing their existing SBA loan portfolio will be reinforced and tips for confidently navigating the SBA loan guaranty purchase process will be prov ided. DTEND:20230109T213000Z DTSTAMP:20240329T134606Z DTSTART:20230109T200000Z LOCATION: SEQUENCE:0 SUMMARY:Protecting the SBA Guarantee Start to Finish UID:RFCALITEM638472987665535136 X-ALT-DESC;FMTTYPE=text/html:
Protecting the SBA guarantee is critical to lenders and borrowers alike. But the rules are shifting to modernize the 7(a) loan program. This presentation will acquaint you with the changes&he llip\; before more come down the pike.
\nLearning Objectives
\n\nNew rules are being adopted by th e U.S. Small Business Administration (SBA) to streamline and increase acce ss to capital for small businesses. While modernizing the 7(a) loan progra m is a welcome change\, implementation of the new rules may initially crea te some uncertainty for lenders. This webinar will address the updates and how they will impact underwriting and documenting 7(a) loans. It will ide ntify critical points to preserving and protecting the SBA&rsquo\;s condit ional loan guaranty in a shifting credit market. Lenders&rsquo\; responsib ilities for servicing their existing SBA loan portfolio will be reinforced and tips for confidently navigating the SBA loan guaranty purchase proces s will be provided.
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