April 1, 2012
Firm News for April 2012: Ethan Smith and Kimberly Rayer to Present the Webcast, “Protecting the SBA Guaranty Start to Finish”
The U.S. Small Business Administration’s 7(a) Loan program can help lenders mitigate their credit risk, reduce loan loss reserve requirements, increase profits from secondary market sales and most importantly, serve their business customers. However, if a lender fails to protect and preserve the SBA’s conditional loan guaranty, all benefits of the 7(a) program may be lost. This seminar will focus on how a lender can ensure that the SBA guaranty remains in place, from underwriting through servicing and liquidatation.
Highlights of the program include:
• The Four Pillars of Preserving the SBA Guaranty
• Understanding the eligibility review process
• Avoiding costly closing mistakes
• Deciphering the Lender’s Servicing and Liquidation Matrix
• Discovering the first steps in liquidating an SBA loan
This informative session is designed for business development and loan officers, loan closers and administrators, as well as personnel responsible for post-closing, servicing and liquidating SBA loans. If you are interested in registering for this informative webcast, please click on the link below.