This webinar series is designed to provide a basic understanding of loan documents and related concepts. Using real-life examples, the forms, laws, and regulations pertaining to documenting these loans will be thoroughly discussed. Participants will build the necessary foundation for attending future WBA lending schools and workshops.
WBA Fundamentals of Loan Documents - January 9
This webinar will review in detail the importance of the many components of loan documents, and the significance of security interests and priorities in collateral.
Specifically, the topics to be covered include:
- Why a credit application is obtained
- What is a promissory note
- Who is a borrower
- What is a security agreement
- What is meant by perfection of a security interest
- What is meant by priority over other creditors
WBA Introduction to Commercial Loan Documentation - February 13
For commercial loans, this webinar will review proper documentation of a loan to a limited liability company and a loan to a sole proprietor, each with various types of collateral including business assets and equipment, life insurance, stock, brokerage accounts and a home. Guarantors will also be discussed.
WBA Introduction to Agricultural Loan Documentation - March 13
For agricultural loans, this webinar will review proper documentation of a loan to an individual to buy a tractor and a loan to a married couple secured by all farm collateral where the loan is repaid from milk sales.
This webinar will also review in detail the impact of cross-collateralization clauses in loan documents on requirements under the Flood Disaster Protection Act.
WHO SHOULD ATTEND:
Loan Officers, Loan Processes, Loan Administrative Assistants, Compliance Officers, Bank Legal Counsel, as well as those who are new to lending.
Each webinar will consist of 90 minutes of instruction and 30 minutes for live questions and answers. The registration fee provides one phone line connection, access to the live webinar presentation, and one year of access to the webinar replay. Additional phone line connections for your institution may be purchased for $100/connection.
The 3-part series can be purchased at the discounted rate of $749/per institution. Please note that your registration is by institution and different personnel can participate in different parts of the series.
Originally recorded on January 9, February 13, and March 13, 2018.
Recorded webinar link is available until March 13, 2019.
Price includes sales tax.