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WEBExpress: Understanding SBA’s Interim Final Rule: Affiliation ... and More
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WEBExpress: Understanding SBA’s Interim Final Rule: Affiliation ... and More

When: February 25
Noon - 1:30 pm CENTRAL TIME
Access instructions provided via email 24 hours prior to event
United States
Contact: NAGGL

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February 25

WEBExpress: Understanding SBA’s Interim Final Rule: Affiliation ... and More

Fee (per location connection): $145 per line (Special Member Price); $535 Non-Mbr; $285 Govt
Registration Deadline: February 24
Instructor: Jane Butler (NAGGL)

On February 10, SBA published its long-awaited regulation that the industry knows as the “SBA Express; Affiliation” rule. The Interim Final Rule (IFR) contains changes in several key areas, including updates to a core principle of SBA lending: affiliation. Lenders are responsible for determining an applicant’s size and whether it has affiliates as they judge whether a business is eligible for 7(a) financing. The Interim Final Rule creates a new overarching ‘reasonableness’ test that applies to several affiliation factors. Jane Butler (NAGGL) explores not only the changes to affiliation rules that take effect 3/11/2020, but also delves into the IFR’s other rule updates, such as personal resources, agent fees, etc., and poses the questions the industry must address as it prepares to comment on the IFR’s provisions. 

LIVE Presentation Runs: 1:00-2:30 pm Eastern | Noon-1:30 pm Central | 11:00 am-12:30 pm Mountain | 10:00-11:30 am Pacific

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