back

January 10, 2018 |

SBA Lending Update 2018: Trends, Regulations & Pending Changes

Presented By:Pennsylvania Association of Community Bankers

Date:January 10, 2018

Time:3:00 pm

Instructor:  Kimberly A. Rayer

The U.S. Small Business Administration’s lending programs have seen significant growth in recent years. Over 68,000 loans were approved under the 7(a) and 504 loan programs during the 2017 fiscal year, providing over $30 billion to small businesses. Due to loan program growth and other changes, the SBA has issued an update to its standard operating procedures for SBA lending. SOP 50 10 5 (j) which becomes effective January 1, 2018, incorporates a number of SBA-initiated rule and policy changes and provides clarity on procedures and the lender oversight process. Banks who make SBA loans must understand the current rules and regulations. Staying on top of recent program changes ensures your bank can continue to offer this valuable loan product to your small business clients.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • Lender guidance on loan program participation
  • New loan application documentation
  • Updated guidance on: ◦Franchise affiliation rules
    • EPC/OC rules
    • Equity injection requirements
    • Guaranty requirements
    • Agent fees
    • Key technical issues for closing and servicing SBA loans
  • TAKE-AWAY TOOLKIT
    • New SBA loan application Forms 1919 and 1920
    • New SBA franchise Forms 2462 and 2464
    • Updated SBA Lender’s Servicing and Liquidation Matrix and helpful link list, including the new SBA SOP 50 10 5(j) and catch-all regulation 13 CFR 121.301(f)
    • 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 bank officers, underwriters, loan closers, loan portfolio managers, and loan administrators, as well as any other personnel responsible for origination, closing, and servicing of SBA loans. Basic knowledge of SBA loan program requirements is helpful.