All courses are available in video format. Written materials are included with every course. Audio format available for certain states.
Courses may include in-person events and/or live webcast programs. Please review all the courses included prior to purchase.
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:
Purposes of 7(a) Loan Programs
SBA Loan Structures
Source of Loan Funds
Types of CDCs and 7(a) Lenders
Maximum SBA Lending Limit
Maximum SBA Guaranty Amounts and Percentages
Eligible and Ineligible Borrowers and Use of Loan Proceeds
Loan Maturities and Interest Rates
7(a) Loan Job Creation and Economic Development Criteria
7(a) Borrower Contribution
Specific 7(a) Project Costs
Overview of Loan Closing
Overview of 7(a) Debenture Funding, Post-Funding and Loan Repayment
This package and all 7(a) Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.