The U.S. Small Business Administration’s 7(a) loan program can be a valuable tool to help small business clients, while mitigating credit risk, reducing loan loss reserve requirements, and increasing profits. However, the SBA’s conditional loan guaranty can be lost at any time in a loan lifecycle – from underwriting through liquidation. This webinar will focus on how all lending staff can ensure the SBA guaranty remains in place throughout the loan’s lifecycle and provide easy steps to improve success of the 7(a) loan program.
- Four pillars of preserving the SBA guaranty
- National Guaranty Purchase Center process
- Consulting Lender’s Servicing and Liquidation Matrix and SOP 50 57
- First steps in liquidating an SBA loan
- Case studies on SBA loans that resulted in denials or repairs of SBA guarantees
- 7(a) Guaranty 10 Tabs
- SBA Servicing and Liquidation Action 7(a) Lender Matrix
- Care and Preservation of Collateral (CPC) tabs
- Offer in Compromise tabs
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for lenders, lending support staff, bank leadership, and executives involved in generating or overseeing SBA loans, including development, underwriting, closing, compliance, and workout officers.
ABOUT THE PRESENTER – Kimberly A. Rayer, Esquire, Starfield & Smith, PC
Kimberly Rayer is a partner in the law firm Starfield & Smith, PC, where she 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.
Kim is admitted to practice before the Supreme Courts of Pennsylvania and New Jersey and the Federal District Court for the Eastern District of Pennsylvania. In addition, she is a member of the American Bar Association and the National Association of Government Guaranteed Lenders (NAGGL) and was named as a Pennsylvania “Rising Star” by Philadelphia Magazine. She received a Bachelor’s from Drexel University and a JD from the James E. Beasley School of Law, Temple University.
Originally recorded on June 13, 2018.
Recorded webinar link is available until December 31, 2018.
Free Digital Copy included with purchase to download and view beyond link expiration date.
Price includes sales tax.