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WEBExpress: Writing a 7(a) Small Loan Credit Memo
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When: August 9, 2016
Noon-1:30 pm
Access instructions provided 24 hours prior to event
United States
Presenter: Rachel Zippwald (NAGGL)
Contact: NAGGL

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August 9, 2016
WEBExpress: Writing a 7(a) Small Loan Credit Memo

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 5
Instructor: Rachel Zippwald (NAGGL)

Since July 2014, SBA has allowed an acceptable credit score to meet several requirements for determining the repayment ability of an applicant for a 7(a) Small Loan. But it’s clear that “score and go” is an unacceptable strategy and that lenders still must address many other elements in a Small Loan Credit Memo--or put their SBA guaranty at risk. Rachel Zippwald (NAGGL) guides you through key elements that must be included in a Small Loan Credit Memo whether a loan is processed PLP or through the SBA Loan Guaranty Processing Center (LGPC). Rachel also provides tips on how to create your best-ever credit memos.

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