4721 S Biltmore Lane
Madison, WI 53718
Home > GSB Online Seminar Series > SBA Lending – How to Collect on Your SBA Guaranty-Sp24
Home > Schools & Programs > SBA Lending – How to Collect on Your SBA Guaranty-Sp24
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$330.00
Date | 05/08/24 |
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Recording Available Until | 08/08/24 |
Presenter | Christine Blome |
Company | Midwest SBA Services |
Target Audience | Anyone involved in the SBA lending process |
Program Time | 2:00 pm-3:30 pm CT |
Duration | 90 minutes |
SBA requires that a lender complete a Universal Purchase Package (UPP) to request that SBA honor its guaranty. The purpose of this course is to guide a lender through completion of the UPP, where to file the UPP and how to file the UPP. This course also teaches how to ask SBA to reimburse the liquidation expenses and how to ask SBA to charge off the loan.
Topics covered include:
• Proper completion of the universal purchase package
• Timing of filing the UPP
• SBA offices that handle the guaranty purchase request
• The litigation plan
• An offer in compromise
• Care and preservation of collateral (CPC) tabs
• Charge off tabs
4721 S Biltmore Lane
Madison, WI 53718