SBA Lending Update 2013: Trends, Regulations & a Look at SOP 50 10
Presented By:Kimberly Rayer & Janet Dery
Date:April 23, 2013
In today’s economic climate, the U.S. Small Business Administration (“SBA”) loan program continues to be one of the primary outlets for banks and other lending institutions to provide capital to their small business clients and, at the same time, secure a 50% to 85% loan guaranty from the federal government. While the program can be quite profitable, it is not without its risks. Compliance with SBA regulations is mandatory to insure success and profitability. With numerous changes occurring to the program over the last year, it is critical to understand the new rules and current interpretations of regulations in order to make the SBA loan programs work for you.
• Eligible Uses of Loan Proceeds in EPC/OC Transactions
• Change of Ownership – Stock Purchases/Redemptions
• Key Technical Issues
• Allowable Legal Fees
• Allowable Fees for Packaging & Other Services
• Debt Refinancing
• Post-Approval Loan Modifications
• Changes to Small Loan Advantage Program
WHO SHOULD ATTEND?
This informative session is designed for business development officers, loan closers, loan portfolio managers, loan administrators, and SBA Lending Department managers as well as any other personnel responsible for origination, closing, and servicing of SBA loans.
If you are interested in signing up for this webinar, copy and paste the following link into your internet browser: https://pcua.fed.cuwebtraining.com/store/webinar/page/2/
If you are interested in this course please contact us at: info@StarfieldSmith.com