April 2, 2012
Firm News for April 2012: David Starfield to Present “Getting SBA to Honor Your Guarantee”
Because the SBA guarantee is the reason why lenders participate in the 7(a) program, it is increasingly important to focus on preserving the guarantee from the beginning of the loan process through the completion of the 10-tab purchase request package. David will explain key program provisions, define the concept of materiality, walk through the 10-tabs, and give a brief overview of the mandatory Care & Preservation of Collateral (CPC) Tabs. He will discuss common loan deficiencies that result in repairs and denials and provide you with tips on addressing file deficiencies and responding to a repair or denial.
If you are interested in registering for this session, please click on the link below.