Coleman’s Certified SBA Loan Training
Coleman’s AWARD WINNING Certified SBA 7(a) Loan Closer Training for SOP 50 10 6
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Coleman’s Certified SBA 7(a) Loan Servicing/Liquidation Training
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Coleman Certified SBA 7(a) Loan Underwriting Training for SOP 50 10 6
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Coleman’s Certified SBA Loan Broker Training
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FAQ’s on Coleman’s Online Certification CoursesWhen Does the Next Course Begin?All courses are OnDemand and are available immediately. At the end of the course, you may choose to take a final exam. Those who score 90% or higher will receive a certification plaque. The exam is open material and may be taken as many times as you wish. What is Coleman Report Live!? Each Thursday at 1:00pm ET you will have the opportunity to log in and discuss the week’s topic. If you miss a session, office hours will be recorded and archived for your future use. What platform does the Coleman online course use? We use Litmos as the platform. You will access the course from the Litmos website without downloading anything to your computer. How many weeks does the course run? Eight to Ten Weeks How much time will I need to devote to the course? Three to four hours per segment. How do the segments work? Each week is divided into segments averaging ten minutes each. Do I have to finish each segment every week? No, you may complete the course at your own pace. Are there reading assignments? There will be assigned reading materials drawn from the SOPs, SBA Inspector General audits, and the Coleman Report newsletter. Tell me about quizzes. At the end of each segment there will be a short multiple-choice quiz to test your mastery of the segment. Segments may be viewed as many times as you wish. What are Office Hours coaching sessions? Each Thursday at 1:00pm ET you will have the opportunity to log in and discuss the week’s topic. If you miss a session, office hours will be recorded and archived for your future use. How do I become Coleman certified? At the end of the course, you may choose to take a final exam. Those who score 90% or higher will receive a certification plaque. The exam is open material and may be taken as many times as you wish. Or, you may choose to complete a case study as assigned by the instructor. Is there an additional fee to become Coleman Certified? No How much does the course cost? The fee is $1395. |
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What Others Say about Coleman Training:
Thank you for the Class, I thoroughly enjoyed and have taken a lot away. Your course will make me a better SBA liquidator which will effectively save the Bank of North Carolina money, time, and energy in liquidating their SBA credits. Thank You!— Bill Kerns, Vice President, Special Assets, Bank of North Carolina Coleman’s SBA 7(a) Loan Underwriter course was a great investment! Bob’s thorough presentation of SBA’s requirements for underwriting and processing 7(a) loan applications, together with the real life case studies, increased my confidence that I can do SBA 7(a) lending right! It was a very beneficial ten weeks! Garry Throckmorton, Sr. EVP, Community Ventures, Lexington, Kentucky This SBA One course has helped me in so many more ways than I ever expected, and want to extend my gratitude. You guys are great! Alicia K, Loan Documentation Processor Thanks for the info, much appreciated. Thank you again for a great course. I must admit my initial scepticism of any online class. Your format and delivery was dead on! I liked the video modules, reading assignments, and the office hours really tied things together. Thanks again! — Ben Kirker |
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Five Easy Ways to Order!
1) Previous customers need only to send an email to joseph@colemanreport.com with “Register Coleman’s SBA Certified Training” 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, 28081 Marguerite Parkway #4525, Mission Viejo, CA 92690 5) Pay using PayPal |
Fact: The single biggest cause of SBA guaranty denials is faulty closings. If your loan closers fail to comply with tricky—and intricate—SOP 50 10 6 requirements, it can cost your bank millions of dollars. To ensure that your staff fully comply with all procedures and necessary documentation, this training provides an insider’s look at tips and techniques for closing SBA loans with impunity. The result: Speedier closings, reduced repair charges and elimination of SBA guaranty denials.
SBA loans require knowledge and discipline. Even well-performing loans need to be handled according to strict protocols, but it’s problem loans that often trip up SBA loan teams, especially less experienced team members. This training teaches your staff best protocols for servicing SBA loans, as well as how to recognize potential problem loans and act promptly to reduce your risk. If you want to ensure your team can handle the wide range of SBA loan challenges competently and confidently, sign them on for this training.
The SBA 7(a) loan underwriter makes the crucial judgments that go beyond typical underwriting to ensure the validity of the federal government guarantee for your institution’s SBA loan portfolio. Loan underwriters are trained to assess risk and craft solutions to mitigate credit risk. SBA loan underwriters have additional responsibilities and it’s simply not enough to insert a clause into your credit memorandum that the SBA guaranty is the loan risk mitigation. Rather, the underwriter must have contextual knowledge of SBA’s rules and regulations. Prudent due diligence is required in order to not compromise the integrity of the SBA loan guaranty.
This ten-week online course will help underwriters master the nuances of SBA lending and be able to correctly underwrite all types of loans, applying the SBA 7(a) guidelines every time. This professionally produced high quality online video instruction will offer superior training for novices and seasoned SBA loan experts alike.
The SBA loan broker is a key player in matching Main Street borrowers with SBA 7(a) and 504 lenders.
However, SBA is fraught with numerous complexities and traps that can trip up even the most experienced loan broker. But, SBA loan brokers can now access the same professional training SBA lenders utilize — to monetize your referrals and solve your client’s capital needs.
We’ll start at the beginning. You will learn all about SBA eligibility and underwriting requirements that will allow you refer a loan that can get funded while adhering to all SBA ethical requirements.