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SBA Loan Eligibility 2016 Update: A Comprehensive Overview Bringing your Staff Up-to-date with all Recent SBA SOP and SBA Form Changes

“SBA Loan Eligibility 2016 Update: A Comprehensive Overview Bringing your Staff Up-to-date with all Recent SBA SOP and SBA Form Changes”—a 75-minute webinar that lets staff earn e-certification

When: Tuesday, March 15, 2016
Time: 2:00 p.m. Eastern
Unlimited Registration: $489 (includes unlimited video streaming)
Single-Site Registration: $389
Download a Registration Form


Taught by Lance Sexton, former Deputy Director
SBA Little Rock Commercial Loan Servicing Center;
former Sam M. Walton College of Business
University of Arkansas Adjunct Faculty


The number one reason SBA denies its 7(a) guaranty is the borrower is ineligible for SBA financing.

When a loan is approved to an ineligible borrower, the SBA guaranty is null and void. By definition, SBA can grant a loan guaranty only to an eligible small business.

This Coleman webinar will discuss SBA’s eligibility rules in a manner to make it easy for you to remember the rules, by giving you context behind the rules — the broader background of why certain businesses are ineligible. In other words. We don’t just give you a list, we explore the reasoning behind the list.

We will also update the presentation to include all SBA SOP program changes

And, there will be an in-depth discussion to ensure you are compliant with SBA’s credit elsewhere rule.

This webinar is geared for loan underwriters who wrestle with these decisions daily.

Special emphasis will address recent SBA Office of Inspector General audits recommending denial of guaranties based on borrower ineligible rulings.

Remember, a poor loan underwriting decision will probably not affect your SBA guaranty. A poor eligibility decision will invalidate your SBA guaranty.


Join Lance Sexton as he discusses the seven tests of SBA 7(a) and 504 loan borrower eligibility:

  • Ownership Entity
  • Loan Structure
  • Loan Purpose
  • Borrower Character
  • The Credit Elsewhere Rule
  • Affiliates and Franchises

You Will Learn:

  • What information you absolutely need to know from the borrower’s Form 1919
  • How to comply with SBA’s credit elsewhere rule.
  • The checklist of due diligence items; CAVIRS, etc.
  • SBA Eligibility 101 – the basic eligibility requirements
  • How to finance Non-US citizens.
  • How to finance franchises. Determining if the franchise is an eligible small business.
  • SBA’s definition of an affiliate, including all of the supporting documentation you must obtain by all parties.
  • When and how you should abdicate your PLP eligibility decision on a specific loan and submit it for SBA’s approval.
  • The “prudent and reasonable lender” test you must follow throughout the eligibility determination
  • SBA Form 912 clearance procedures.
  • Correctly completely and approving SBA Form 159.
  • Understanding original and alternative SBA size standards.
  • What you need to know about lender preference rules.
  • How to calculate maximum dollar program limits for borrowers and guarantors.
  • The implications of signing 1920. The specific best practice checklist you must do, before you affix your signature to this all-important form.

Participants Earn Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for SBA and your regulators. We will automatically forward a certificate of participation for those who are registered to attend the webinar via GoToWebinar.


Five Easy Ways to Order!
1) Previous customers need only to send an email to joseph@colemanreport.com with “Register Coleman Eligibility Webinar” in the Subject Line. We will do all the paperwork and charge your credit card on file, or send you a PayPal request.
2) Call Joseph Coleman at Customer Service at 818-790-4591 extension 1
3) Fax the order form to: 818-790-7859
4) Mail the order form to: Coleman Publishing, 607 Foothill Blvd., # 546, La Cañada, CA
5) Click here for paying using PayPal


Coleman Webinar: SBA Loan Eligibility 2016 Update




About Your Instructor, Bob Coleman

Bob is the Publisher of the Coleman Report, a trade newsletter and website for small business bankers. He is the nationally recognized expert on small business lending. He has been a regular contributor for Fox Business News and is sourced frequently by all major financial media news outlets including the Wall Street Journal and Bloomberg.

Bob is a prolific keynote speaker and training instructor at events in the US and EU. He began his SBA banking career in Southern California, serving as a SBA sales and department manager. He has a B.A. in Medieval History from the University of California Santa Barbara and a M.B.A. in Real Estate Finance from the University of Southern California.

Participant Questions
Questions are strongly encouraged. There are two ways to ask a question. The first is to ask the question via the chat box on the GoToWebinar dashboard. The second way is to send an email to joseph@colemanreport.com. Also, feel free to ask pre-webinar questions.

Why a Coleman Training Webinar?
Coleman is the largest producer of small business banking video webinars and online training for the banking industry.

Our faculty are professional instructors are the absolute experts in their fields.

Coleman Webinars are very cost effective. No airfare, no hotels. Just cram as many people as you wish into your conference room and turn on the computer. You have several options to view the program. You may watch on screen, or listen in on your phone.

You can choose to have any many connections nationwide as you wish when you purchase unlimited access for only $489.

A great benefit of the program is that you may have your questions answered by the faculty. All of our webinars are recorded. Buyers of the unlimited site license option will unlimited online streaming access or will receive a DVD recording of the event to share with anyone you wish.

A transcript of the program is also provided to purchasers of the unlimited site license.

How the Webinar Works
We use GoToWebinar for the webinar platform. You will receive a link that will direct you to an Internet site to view the presentation. If you would like to test this process to make sure you will be able to access the link through your system’s firewall, just send an email to joseph@colemanreport.com, and he will schedule a test run.

How to Access GoToWebinar
There are two ways to access the webinar. The first is to simply click on the link we will provide when you register.

If you have a firewall issue, or you can’t get the GoToWebinar link to work, don’t panic!

The second way to access the webinar is directly from the GoToWebinar website. You will simply need to input the webinar ID and access code. These will also be provided when you register, and again the day before the webinar when we distribute the handouts.

Note we will open the webinar for attendees to join at 12:00pm ET. This will give each attendee two full hours before the webinar begins to troubleshoot any technical issues. Call (818) 790-4591 if you need assistance.

All Coleman Webinar Speakers are seen Live via Video Stream
You will see our speakers live through a video feed. You may customize the size of the speaker and powerpoint presentations by clicking on the webcam button on the GoToWebinar dashboard. You may position the speakers at the top, bottom, right or left hand sides. You may also choose to eliminate the video stream and just view the powerpoint.

Telephone Only Option
You may also choose to listen to the program on your telephone. The phone number will be provided with the handouts.

PDF Handouts
You will receive the pdf handout via email the day before the event. These may be distributed to all of your attendees.

Replay Link
If something comes up and you miss any part of the webinar, or there are technical issues such as a power failure, Internet dropout, fire alarm drills, actual fires or, earthquake (yes that has happened!) simply email joseph@colemanreport.com and he will send you a link you may watch all or part of the webinar at your leisure. There is no charge for this service.

Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m. Eastern
Log and dial in ten minutes before each Coleman webinar to hear the “Complimentary Coleman Report Live! News Show” with Bob Coleman.

We do this for two reasons. First, the pre-show confirms you are successfully connected to the webinar. Second, we provide you a synopsis of the current news to help you place what is happening to the small business lending industry in context. Join us for this free feature!

The Fine Print
1) The single user registration fee of $389 is based on location not attendance. You may have as many people in one location attend. You may distribute the materials to anybody in your company.
2) For only $100 more ($489), you may invite as many people from your institution from as many locations as you wish. (You also get the reply link and transcript!) We will forward you a link that allows you to sign up as many people as you wish.
3) Substitutions are allowed at no charge.
4) Cancellations receive a 100% credit for any Coleman product.
5) As with all our products, we offer a 100% money back satisfaction guaranty — no questions asked.


Five Easy Ways to Order!
1) Previous customers need only to send an email to joseph@colemanreport.com with “Register Coleman Eligibility Webinar” in the Subject Line. We will do all the paperwork and charge your credit card on file, or send you a PayPal request.
2) Call Joseph Coleman at Customer Service at 818-790-4591 extension 1
3) Fax the order form to: 818-790-7859
4) Mail the order form to: Coleman Publishing, 607 Foothill Blvd., # 546, La Cañada, CA
5) Click here for paying using PayPal


Coleman Webinar: SBA Loan Eligibility 2016 Update



Bob Coleman
Editor, Coleman Report
607 Foothill Blvd # 546
La Cañada, CA 91012
(818) 790-4591
(c) 2016 All Rights Reserved

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