The Level 1 Liquidation track builds essential knowledge for managing SBA 7(a) loans in liquidation. Across six courses, learners gain a practical understanding of liquidation requirements, collateral handling, expense recovery, guaranty purchase, and SBA decision-making processes.
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.
On Demand: An Introduction to Title Insurance
This recording explores the world of title insurance as we discuss what it is (and isn’t!), what to look for when reviewing title reports, and what policies and endorsements a prudent lender should ask for when ordering a title policy.
On Demand: Affiliation and Passive Entity Eligibility
Although SBA’s determination of what is an affiliate may differ than the lender’s definition, affiliation still matters for several reasons, including size, amount of available SBA guaranty authority and the possible impact of an affiliate on the applicant’s repayment ability. This recording discusses these important topics plus provide real life examples of applying affiliation rules and scenarios that distinguish an active eligible business from a passive business ineligible for 7(a) financing.
On Demand: Best Practices for Projections Based Lending
This recording discusses SBA requirements for projections, assumptions, working capital analysis and best practices to help lenders better underwrite these transactions.
On Demand: What You Need to Know About SBA’s New Citizenship Requirements
SBA Policy Notice 5000-876441 and Procedural Notice 5000-876626 completely revamped SBA’s eligibility requirements to, effective March 1, prohibit any non-U.S. citizen or U.S. national ownership in 7(a) and 504 borrower businesses. This recording dives into SBA's new requirements.
On Demand: Expansions – Start-ups and Changes of Ownership
Let’s delve into real-world examples illustrating SBA lending for expansions involving startups and changes of ownership. This session will clarify how to distinguish between new businesses, startups, and expansions.
On Demand: Underwriting Working Capital Lines of Credit
This recording discusses SBA requirements and best practices for line of credit financing that meets the applicant’s needs and how to properly underwrite these requests.
On Demand: SBA’s New Requirements for Underwriting 7(a) Small Loans
Effective March 1, 2026, the agency is discontinuing use of the SBSS Score as a tool for underwriting 7(a) Small Loans and is revising SOP 50 10 8 to establish new underwriting requirements for these loans. The revised SOP language is contained in SBA Procedural Notice 5000-876777, Sunset of SBSS Score for 7(a) Small Loans – Supplemental Guidance (dated February 20, 2026). This recording walks you through the new underwriting mandates.
