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2017 Board Election Timeline

July 10 – Announcement of open board positions & nomination packets sent to Members-of-Record
July 28 – Membership roster closed to determine voter eligibility
July 28 – Candidate nominations due  
August 4 – Ballots transmitted to Members-of-Record 
September 22 – Ballot Deadline: ballots submitted electronically or postmarked by this date
October 30-November 1 – Results announced at the Annual Conference in Colorado Springs, CO


     Annual Conference
October 30-November 1 • Colorado Springs, CO

 
REGISTRATION FEE
Before September 8: $1,050 mbr, $1,550 non-mbr, $650 Govt  
After September 8: $1,300 mbr, $2,000 non-mbr, $650 Govt

Register Now >
The Broadmoor Hotel
1 Lake Avenue
Colorado Springs, CO 80906

Direct: 719.634.7711
Reservations: 855.586.0957
Hotel Cut-Off: October 6 (or until sold out!)
Room Rate: $223 (+13.28% occupancy tax +$16 resort fee)
Online Reservations >  



Watch video highlights of National Small Business Week
Spend a few minutes watching the highlights of SBA's celebration of small businesses >


Senate Committee approves Rear Admiral Coetzee as Deputy Administrator

The Senate Committee unanimously approved Althea H. Coetzee to serve as Deputy Administrator of the SBA. Her nomination now moves to Senate floor for confirmation. More >


House of Representatives Committee on Small Business Hearing on May 17

As we heard from House Committee Staff as we gathered in Indianapolis, a hearing on “SBA’s 7(a) Loan Program: A Detailed Review” has been set for May 17 at 11 am for "the purpose of examining the United States Small Business Administration’s (SBA) 7(a) Loan Program.  As a way to review the program’s ability to help creditworthy small businesses obtain capital, this hearing will offer Members of the Committee the opportunity to hear from SBA officials directly involved in administering the program." The two witnesses at the hearing will be Bill Manger (Associate Administrator, Office of Capital Access) and Linda Rusche (Director, Office of Credit Risk Management - OCRM). NAGGL reps Tony Wilkinson and Kristen Granchelli, along with Chairman Larry Conley, will attend the hearing on behalf of the industry.

Read the hearing memo >

Watch the hearing live here >

Bill Manger testimony >

Linda Rusche testimony >


Lots of Upcoming Training!

 

 

Tabs, Tabs, Tabs ... and Even More Tabs!

Invite your entire special assets and credit teams for these practical 'how-to' sessions. One price, one connection;one conference room filled with YOUR staff!

July 13 - How to Complete Guaranty Purchase Tabs ($195)
July 18 - How to Complete Wrap-Up/Charge-off Tabs ($195)
July 20 - How to Complete Care & Preservation of Collateral Tabs ($145)
July 25 - How to Complete Offer in Compromise Tabs & Litigation Form ($145)

Register for the whole series for $550

August 1-2 – Closing and Funding the SBA Loan (Boston, MA)
August 23 & 24 - WEBExpress: Two days of Construction Lending Topics
September 7 - WEBExpressPreserve Your Guaranty - Don't Make These Mistakes
September 14 - WEBExpress: Post Purchase Review
September 20 - WEBExpress: Winter IS Coming ... How to Meet the Prudent Liquidation Deadline


JUNE RATES

SBA LIBOR Base Rate = 4.08%
History of SBA LIBOR base rate >

Prime Rate = 4.00%

SBA FIXED Base Rate = 6.08%
Maximum allowable fixed rates >

SBA Optional Peg Rate = 2.63% [April 1-June 30]


  

NAGGL, SBA Launch "Business Smart Toolkit" to Elevate Entrepreneurship in Underserved Communities

NAGGL and the SBA are proud to announce the release of the Business Smart Toolkit, a ready-to-use workshop toolkit that equips and empowers faith based and community organizations to lay the groundwork for helping new and aspiring entrepreneurs launch a business idea and build a business that is credit ready. www.sba.gov/BusinessSmart > 


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Calendar

7/13/2017 » 7/25/2017
WEBExpress Series: Tabs, Tabs, Tabs ... and Even More Tabs -

8/1/2017 » 8/2/2017
Boston, MA - Closing and Funding the SBA Loan

9/12/2017 » 9/13/2017
Orlando - Fundamentals of SBA Credit Underwriting

10/30/2017 » 11/3/2017
Colorado Springs - Annual Conference & Post-Conference Training Courses

Member Resources