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WEBExpress: Understanding Changes of Ownership
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WEBExpress: Understanding Changes of Ownership

 Export to Your Calendar 7/16/2020
When: July 16, 2020
Noon-1:30 pm CENTRAL
Access instructions provided via email approx. 24 hours prior to event
United States
Contact: NAGGL

Online registration is available until: 7/14/2020
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July 16

WEBExpress: Understanding Changes of Ownership                                                                             

LIVE Presentation Runs (90 minutes): 1:00-2:30 pm EDT | Noon-1:30 pm CDT | 11:00 am-12:30 pm MDT | 10:00-11:30 am PDT

Fee: Members: $355 for 1 login | $555 Unlimited* logins                            
        Non-Members: $535 for 1 login | $2,055 Unlimited logins
    Government: Contact NAGGL

Registration Deadline: July 14 

Changes of ownership are among the most common use of proceeds for 7(a) loans, yet some of the trickiest to navigate. How can outsiders buy into a company? How is a partner buyout different than a complete change of ownership? When is it an expansion and when is it a change of ownership? Who is the borrower? Requirements on equity injection, partner buyout debt to worth, and seller notes as equity or as debt must be discussed in the lender’s credit memo too. Just how does a lender understand and properly apply the change of ownership requirements to a loan request? This session will examine change of ownership requirements, and walk through examples of eligible and ineligible scenarios.

Instructions for login will be distributed approximately 24 hours in advance of the session! This session is delivered over the internet using Webex, so a solid connection and good audio on your computer are required for an optimal experience.

*If you purchase unlimited logins, you will be responsible to distribute information to your team.

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