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WEBExpress: Writing a 7(a) Credit Memo for Loans Over $350,000
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8/11/2016
When: August 11, 2016
Noon-1:30 pm
Where: TIME SHOWN IS CENTRAL TIME
Access instructions provided 24 hours prior to event
United States
Presenter: Rachel Zippwald (NAGGL)
Contact: NAGGL
405.377.4022


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August 11, 2016
WEBExpress: Writing a 7(a) Credit Memo for Loans Over $350,000

1:00 pm Eastern/Noon Central/11:00 am Mountain/10:00 am Pacific
Session lasts approximately 90 minutes.

Fee (per location connection): $325 Mbr; $499 Non-Mbr; $250 Govt
Registration Deadline: August 9
Instructor: Rachel Zippwald (NAGGL)

SBA requires a comprehensive credit memo summarizing a lender’s analysis and ultimate decision that a loan over $350,000 is creditworthy and eligible for a 7(a) loan. If a loan defaults, especially if it is an “early” default, the credit memo will play a crucial role in getting the guaranty honored, especially when lenders use PLP processing. Rachel Zippwald (NAGGL) shares tips and strategies for writing a comprehensive credit memo that will lead you through the appropriate analysis to an eligible and good credit decision that will pass SBA’s muster.

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