Coleman’s Certified SBA One Loan Origination Training Program

Course Begins December 8, 2016

Mandatory Deadlines have been announced: Effective August 1, 2016 all SBA 7(a) GP loans processed by PLP lenders MUST be submitted via the SBA One loan platform.

Beginning October 1, 2016 ALL GP loans MUST be submitted via the SBA One loan platform. The deadline applies to ALL SBA 7(a) lenders, PLP or not.

And it is anticipated SBA will soon announce when lenders must use SBA One for PLP-approved SBA 7(a) loans.

Our 8-week on-demand online course will turn your staff into loan processing SBA One gurus that will be able to confidently process PLP, GP and Express 7(a) loans, regardless of the complexity.

The result: Speedier closings giving you a competitive advantage in the marketplace and elimination of mistakes that cause SBA repairs and guaranty denials.

How to get certified? The online training consists of approximately one hour of video divided into five or six sessions. Reading assignments, quizzes, and homework assignments complete the learning experience. BONUS! Every Thursday at 1 p.m. Eastern we host an office hour where you can get SBA-related question answered by your instructors.

Best of all, this training is only $995 per participant (multiple registrations from the same organization each receive an additional $100 discount). View a quick preview of the course here.

Week 1 — SBA One Dashboard

• How to Sign Up
• SBA One Lender Roles
• Using the Portal
• User Profile
• Search Function
• Utilities
• 1502 Dashboard
• Loan Pipeline
• Alerts
• News Carousel
• Lender Action Columns
• Progress Chart

Week 2 — Loan Stages

• Primary eligibility
• Eligibility
• Terms and Conditions
• Authorization
• Underwriting
• Closing
• Disbursement

Week 3 — Creating an SBA Express Loan

• Expert vs guided path option
• Creating a new loan
• View loan application details
• Edit loan details
• Upload loan documents
• Validate loan details
• View status of loan approval
• Initiate e-signature process
• View e-signature process
• Sign loan documents

Week 4 — Creating a GP Loan

• Expert vs guided path option
• Creating a new loan
• View loan application details
• Edit loan details
• Upload loan documents
• Validate loan details
• View status of loan approval
• Initiate e-signature process
• View e-signature process
• Sign loan documents

Week 5 — Creating a PLP Loan

• Expert vs guided path option
• Creating a new loan
• View loan application details
• Edit loan details
• Upload loan documents
• Validate loan details
• View status of loan approval
• Initiate e-signature process
• View e-signature process
• Sign loan documents

Week 6 — Document Management System

• Navigating Documents
• Document Actions
• Uploading Documents

Week 7 — Preparing Loan Authorization and Forms

• Preparing required forms
• Preparing optional forms
• Preparing conditional forms
• Preparing SBA form 159

Week 8 — Closing and Disbursing the Loan

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 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 a certified Coleman SBA One Loan Originator?
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.
Is there an additional fee to become a Coleman Certified SBA One Loan Originator?
No
How much does the course cost?
The fee is $995.
Is there a discount for multiple students from the same institution?
Yes. The registration fee for students two through four is $895. For every four students enrolled, the fifth is free

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

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