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WBD Fundamentals of SBA 7(a) Lending (2 Day Class) - Eau Claire

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Monk's Bar & Grill - Eau Claire

3560 Oakwood Mall Drive

Eau Claire, WI 54701

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Event description

Description

Taught by the SBA experts from the WBD Service Company, this 2-day course will provide participants with a fundamental understanding of SBA lending – from loan opportunity through a closed & funded SBA loan.

Focus will be on providing attendees with a general overview of SBA terminology; the programs and their terms/conditions; program eligibility rules; underwriting requirements; how to submit an application; understanding an Authorization; loan closing; and loan servicing.

Network with like-minded financial services professionals and to share your current SBA lending best practices.

A great opportunity for employees involved in Business/Commercial lending and/or SBA lending, including loan officers, credit analysts, loan & credit administration.

For those who may require overnight accomodations in Eau Claire, WBD has established a block of rooms at Grandstay Hotel, located at 5310 Prill Rd. Please call (715) 834-1700 to reserve a room at the discounted rate of $116.95/night under the "WBD Block".

Register today and we will follow-up with you for payment. Rates are $650 for the first person from an institution, $325 for the second person (same institution), and $100 for the third person (same institution).

Agenda

Day 1 – Fundamentals of SBA 7(a) Lending: Eligibility & Origination

  • A. SBA Fundamentals
  • B. Why SBA?
  • C. SBA Program Parameters
  • D. Program Eligibility – Qualifying the Project
  • E. Program Eligibility – Qualifying the Business
  • F. Program Eligibility – Qualifying the Owners
  • G. Submitting the Application

Day 2 – Fundamentals of SBA 7(a) Lending: Loan Closing & Servicing

  • A. Review of Loan Authorization
  • B. Performing Loan Closing
  • C. Documenting Note, Guaranty & Collateral
  • D. Documenting Insurance & Equity Injection
  • E. Documenting Disbursements & Use of Proceeds
  • F. Conducting Tax, Lien & Judgment Searches
  • G. Documenting Construction Loans, Leases & Other Agreements
  • H. Common Servicing Requests & Loan Servicing Best Practices
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Date and Time

Location

Monk's Bar & Grill - Eau Claire

3560 Oakwood Mall Drive

Eau Claire, WI 54701

View Map

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