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SBA Lending – What You Need to Know About Refinancing With the 7(a) and 504 Loan Programs

$330.00

Additional information

Date

02/19/25

Recording Available Until

05/19/25

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

As interest rates decrease, refinancing loans utilizing the SBA guaranty will be an important tool in your lending toolbox to help small businesses.

The SBA has very specific criteria as to which loans they will refinance and you must understand the rules and documentation requirements.

Learn what you need to know in making these types of loans so you can be successful in assisting your borrowers in improving their cash flow!

In this webinar, you will learn:

  • Loan programs to use depending on your borrowers’ needs
  • Which loans are eligible for SBA refinancing
  • Documentation requirements
  • Credit and collateral requirements
  • Loan structures
  • Supporting information details you need to provide
  • Tips for being successful when sending in a loan application to SBA