Understand what happens when a loan goes into liquidation, and how to manage every step correctly. This track provides practical insight into collateral, recoveries, guaranty purchase, and charge-off decisions.
Understand what it means and what happens when a loan goes into servicing, and how to manage requests correctly. This track provides practical insights into types of servicing actions, servicing responsibilities, loan monitoring, and the different types of workout options.
Understand what it means for a business to meet the eligibility requirements for SBA 7(a) financing. This track provides practical insights into what businesses are eligible, always ineligible, and the exceptions, franchises, and other program eligibility requirements.
Understand what it means to underwrite an SBA 7(a) loan by evaluating a business’s ability to repay debt. This track provides practical insights into reviewing the income statement, balance sheet, and personal and global cash flow.
Understand what it means to close an SBA 7(a) loan by navigating the key requirements, forms, and due diligence needed to successfully complete the closing process. This track provides practical insights into loan and borrower fundamentals, loan terms, post-approval and closing forms, closing due diligence, and post-closing follow up.
Secure the Deal: Master Collateral, Appraisals, and Valuations
In this six-hour course, you will learn how to identify, value, and document collateral following SOP 50 10 8 requirements. You will calculate whether a loan is fully secured using SBA’s valuation percentages, decide when you need a State-certified appraisal, and recognize when an independent business valuation is required. You will work through real change-of-ownership and special purpose property examples, SBA requirements and compliance, and walk away able to build a collateral file that survives SBA review and guaranty purchase.
Servicing Strategies: From Routine Actions to Complex Modifications
In this two-hour webinar, we’ll explore the spectrum of servicing actions—from simple ownership changes and interest rate waivers to complex collateral releases and guarantor residences.
SOP 50 10 8.1: What Lenders Need to Know Now
SBA’s new SOP 50 10 8.1 introduces significant updates that will impact SBA lending beginning October 1. Join NAGGL’s Ginger Allen and Jane Butler for a practical overview of the key changes to the SOP, including the major revisions to change of ownership loan requirements and other important policy updates. This session will help lenders to understand what is changing and to prepare their policies, procedures, and operations for compliance with the new SOP requirements.
Changes of Ownership: Introducing SBA’s New Requirements
SBA has released SOP 50 10 8.1, introducing significant changes to the requirements relating to change of ownership loans. This webinar covers the key updates, processing requirements, documentation considerations, and compliance expectations for all types of change of ownership transactions so that you will be ready when the new requirements take effect on October 1.
Quality of Earnings Reports: Understanding and Meeting SBA’s New Requirements
The newly issued SOP 50 10 8.1 which takes effect on October 1, makes significant changes to SBA’s change of ownership loan requirements, including introducing the new requirements for lenders to obtain Quality of Earnings (QofE) reports for some applications. Join NAGGL staff and a leading QofE reports expert for an overview of these reports, what they reveal, how to interpret key findings, and best practices for selecting a qualified provider. Registrants will have the opportunity to submit questions in advance to help shape the discussion around this important new SBA requirement.
