On Demand Audio

SBA Loan Closings (Session 8): Other Collateral in SBA 504 and 7(a) Loan Closings

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Produced on March 04, 2015

Taught by
$ 59 504 Loan Closing and 7(a) Loan Closing In Stock
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Course Information

Time 63 minutes
Difficulty Advanced

Course Description

This program can be taken individually or as Chapter 8 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:

 

  • Equipment and Fixtures
  • Security Agreements and Financing Statements
  • Equipment List
  • UCC lien searches
  • Leased Business Premises and Landlord's Subordination
  • Assignment of Rents
  • Percentage Occupancy
  • Third Party Leases and Subleases
  • Leased Land and ground leases
  • Standby Creditor's Agreement
  • Subordination Agreements
  • Other Types of Personal Property and Assignments

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

 

Credit Information

This course is pre-approved for CLE credit in the following states. If your state is not listed, contact support for more information on how to receive credit

Lawline reports attorney attendance in select states. View more about CLE reporting .

Faculty

Janice E. Garlitz

Janice E. Garlitz, PC

Janice E. Garlitz is a Designated Attorney with 19 years of experience creating, updating and teaching the 504 Loan Closing and 504 Loan Closing Update Courses. She serves as Closing Counsel for multiple CDCs and has 27 years of experience closing 504 and 7(a) SBA loans as well as 24 years of experience teaching adult legal education courses.