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Protecting the SBA Guarantee Start to Finish

Jan 09 2:00 PM - Jan 09, 2023 3:30 PM
Jan 09, 2023 2:00 PM - 3:30 PM
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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… before more come down the pike.

Learning Objectives

  • Understand recent proposed SBA rules and new SOP guidance
  • Identify the key eligibility issues in underwriting an SBA loan
  • Correct common closing and funding mistakes that impair a lender’s guaranty
  • Ensure your liquidation procedures are aligned with SBA guidelines
  • Review the fundamentals of a guaranty purchase package

New rules are being adopted by the U.S. Small Business 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 uncertainty 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’s conditional loan guaranty in a shifting credit market. Lenders’ responsibilities for servicing their existing SBA loan portfolio will be reinforced and tips for confidently navigating the SBA loan guaranty purchase process will be provided.

Agenda

Speakers

Kimberly A. Rayer, Starfield & Smith, PC

Kimberly Rayer is a partner at Starfield & Smith, PC, a boutique law firm representing lenders nationwide. They specialize in all aspects of SBA-guaranteed lending, from origination through liquidation, regulatory compliance, and audit. The firm closes over $900 million of SBA-guaranteed loans for lender clients annually and has assisted lenders across the country with the implementation, servicing and compliance of Paycheck Protection Loan programs.

Kim concentrates her practice on SBA lending programs, commercial financing, and other secured transactions. She represents lenders and lectures across the country on SBA closings and eligibility and compliance matters. In addition, Kim received a bachelor’s from Drexel University and a JD from the James E. Beasley School of Law, Temple University and is admitted to practice law in Pennsylvania and New Jersey.

Location

Fees

$259.00 

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

Webinar

Topics Covered

  • Compliance
  • Lending & Collections
  • Board Governance
  • Live Webinars