This program can be taken individually or as Chapter 5 of the 7(a) Loan Closing Course. This program is designed for attorneys, paralegals, and bankers engaged in closing SBA Loans, especially 7(a) 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:
Eligible Use of Loan Proceeds
Documenting Use of Loan Proceeds
Equity Injection Requirements
7(a) Loan Program Fees
Compensation Agreement (SBA Form 159 (7a))
This course and all 7(a) Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.