4721 S Biltmore Lane
Madison, WI 53718
$330.00
| Date | 01/29/25 |
|---|---|
| Recording Available Until | 04/29/25 |
| Presenter | Suzanne Stearman |
| Company | Integrity Lender Resources LLC |
| Target Audience | Anyone involved in the SBA lending process |
| Program Time | 10:00 am-11:30 am CT |
| Duration | 90 minutes |
SBA’s loan programs have undergone numerous updates to make access to capital to business borrowers easier. And, the programs continue to evolve!
The Standard Operating Procedures (SOP) manual for the loan programs was re-written both Aug 1st and Nov 15th of 2023 to include numerous updates to eligibility, credit and collateral criteria, and the application process. The process continues to change as well.
There have been recent updates to the new SOP 50 57 3.1 – 7(a) Loan Servicing and Liquidation effective December 1, 2024. As a result, the 7(a) Servicing and Liquidation Matrix has also been updated.
This is a webinar will get you up to speed on what the programs look like today and what you need to know in today’s SBA lending environment.
You will receive helpful handouts that will come in handy for when you are using the SBA programs and processing applications.
In this seminar, you will learn:
-Differences in processing a 7(a) Small Loan versus a full 7(a) Loan versus SBA Express
-The new Working Capital Line of Credit Program
-Recent updates to the 504 program
-Recent updates to the 7(a) Servicing and Liquidation Matrix
-Other loan processing updates that have evolved since the latest SOP 50 10 6
4721 S Biltmore Lane
Madison, WI 53718
