Fundamentals Of SBA Lending: Documenting, Closing, And Funding The SBA Loan

Qty: On-Demand ($149.00)

Course Summary:

Gain the details you need to prepare successful SBA loans and avoid denial.

Course Details:

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.What You'll Learn:Background

General Eligibility Requirements

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

Pillars of Guarantee Purchase

Possible Outcomes

Due Diligence Items