SBA Loan Closings (Session 2): Authorization for Debenture Guarantee in SBA 504 Loans

This program can be taken individually or as Chapter 2 of the 504 Loan Closing Course designed for attorneys and paralegals, CDC managers and staff, and bankers and bank counsel engaged in closing SBA 504 Loans or interested in learning more about integrating the closing process with loan eligibility and packaging and loan servicing.

 This program discusses the following topics:

• Review of National Authorization Boilerplate and Standard

• Collateral Conditions

• Signing the Authorization

• What is the Authorization

• Amending the Authorization

• Guarantors: who must guarantee waivers

Please download the supplemental materials labeled "National Authorization Boilerplate" for reference during the program. 

This course and all 504 Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.