SBA 7(a) Loan Insurance Coverage Underwriters Must Require in Credit Memos – Webinar Encore 10/18
When to Obtain the 15 Types of Insurance Coverage Listed in SOP 5010 7.1 A Coleman Webinar Encore PresentationFriday, October 18, 20242:00 PM Eastern75-minute training with e-certification & recording Do you know SBA’s SOP referenced types of insurance SBA lenders must obtain at loan closing?(Hint: Hazard, Wind, Hail, Earthquake, State Mandated, Marine, Flood, Life, LiabilityProduct…
Read MoreAre you Maximizing Your SBA 7(a) Loan Liquidation Recoveries? – Webinar Encore 10/17
A 2025 Review of SBA’s 24-Month Litigation Plan and 30-Day Wrap-Up Report Policy A Coleman Webinar Encore PresentationDate: Thursday, October 17, 2024 @ 2PM EasternIncludes e-certification & recording Are you struggling with complex SBA liquidation approvals and afraid of missing critical deadlines? Do you know what steps you must take to obtain SBA’s approval for…
Read MoreHow to Quickly and Perfectly Close the SBAExpress Loan – Webinar Encore 10/15
Are you Taking Advantage of all SBAExpress Waived Lender Requirements for Speedy Closings? A Coleman Webinar Encore PresentationDate: Tuesday, October 15 @ 2PM EST(Includes Recording & E-Certification) 43% of SBA 7(a) Loans are Approved by the lender as SBAExpress Loans. In exchange for a reduced loan guaranty of 50%, SBA also reduces the amount of…
Read MoreHow to Underwrite the SBA Business Acquisition Loan — Webinar Encore 10/14
How to Underwrite the SBA Business Acquisition Loan Are you Maximizing Lending in this Profitable Niche? A Coleman Webinar Encore PresentationDate: Monday, October 14 @ 2PM ESTa 75-minute webinar that lets staff earn e-certification Ten Thousand Baby Boomers retire every day. And they own 40% of United States Small Businesses. Comprising 24% of SBA loan…
Read MoreCalculating Cash Flow the SBA Way in 2024 – Webinar Encore 11/4
Meeting SBA’s likely ability to repay(*) standard For Credit Memos Over $500,000 A Coleman Webinar for SBA Loan Underwriters! A Coleman Webinar Encore PresentationDate: Monday, November 4 @ 2PM EasternDownload a Registration FormA 75-Minute Training Class That Lets Staff Earn E-Certification With Prime Rate at 25-year highs, calculating cash of your SBA loan borrower is…
Read MoreLack of Staff, Qualified Borrowers Limit Bank SBA Lending
Main Street Monday — Lack of Staff, Qualified Borrowers Limit Bank SBA LendingOctober 7, 2024by Bob ColemanFounder & Publisher The FDIC’s 2024 small business lending survey offers a treasure trove of intelligence for senior management in managing its lending department and portfolio. The number one reason cited for not participating in SBA lending programs is…
Read MoreColeman Webinar Encore Series
Staff Training from the Coleman Webinar Encore Series Unlock the power of continuous learning with Staff Training from the Coleman Webinar Encore Series. This innovative training solution combines the convenience of our pre-recorded webinars with the invaluable opportunity for live Q&A sessions with our expert instructors. Benefit 1: With live Q&A sessions at the conclusion…
Read MoreSBA 7(a) and the New 504 Debt Refinancing Rules — Webinar 10/23
Error-Free Underwriting and Closing Compliance A Coleman WebinarDate: Wednesday, October 23, 2024 Time: 2:00 p.m. Eastern Includes e-certification & recording The benefit to your borrower in an SBA debt refinance loan can mean the difference between their success and failure. The concept is easy, but the execution is more problematic. First, the good news: Effective…
Read MoreFormer SBA Loan Specialist Found Guilty of Assisting with $800,000 in Loan Fraud – Fraud Friday
October 4, 2024 Delaney SextonContributing Editor Former SBA Loan Specialist Found Guilty of Assisting with $800,000 in Loan Fraud – Fraud Friday “This conviction underscores our commitment to holding all wrongdoers accountable, including those in positions of public trust like this former SBA employee,” says Inspector General Hannibal “Mike” Ware. “These crimes are far from…
Read MoreSBA 7(a) Loan Sold to the Secondary Market Turns 31 Days Delinquent? – Webinar 10/30
Immediate Actions Needed to Protect the SBA Loan Guaranty A Coleman WebinarDate: Wednesday, October 30, 2024 Time: 2:00 p.m. Eastern Includes e-certification & recording Servicing an SBA 7(a) loan that has been sold to the secondary market is completely different from servicing a loan held in portfolio. Some rules are the same regarding the actions…
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