How 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 Presentation
Date: 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 regulations lenders must follow.
With SBA’s focus of approving small business loans, as well as fast funding options from FinTech lenders, now is the time to ensure you are taking advantage of all of the benefits of SBAExpress lending.
But, you need specific expertise in closing these loans. Our award winning instructor, Lance Sexton, will guide your loan closers what they need to know about SBAExpress.
SBAExpress Program Benefits Include:
- Lender Approves All Loans
- Lender Uses its Own Documentation
- SBA Loan Guaranty of 50%
- No Collateral Required for Smaller Loans
- Creative versions include Export, Working Capital, Veterans
- SBA Allows Expedited Liquidation Requests
- Loans May be Sold to the Secondary Market
You and your team will learn SBAExpress closing requirements:
- Preparation of Loan Documents
- Preparation of the Loan File
- What the Credit Memo Must Contain
- Insurance Requirements
- Collateral Requirements
- Maximum Loan Amount
- Interest Rates
- Maturities
- Guaranty Fees
- How to Combine with a 7(a) or 504 Loan
- Working Capital Lines of Credit
- Preparing the Loan Authorization
- Preparing the 1920
- Appraisal Requirements
- Business Valuation Requirements
- Environmental Report Requirements
Your Training Staff
Lance Sexton, Coleman Faculty Instructor
A former small business owner, Lance Sexton has a successful history of working with small business owners and students related to entrepreneurship and SBA loan origination, servicing, and liquidation.
He has received three training industry awards for his webinar instruction and his 8-week loan closing course.
Lance has over 30 years of experience, including ten years directly managing portfolios of SBA loans. Lance was an entrepreneurship faculty member of the Sam M. Walton College of Business at the University of Arkansas. He is an Executive Vice President of Fountainhead Commercial Capital and has been affiliated with Coleman Publishing for over eight years.
Host: Bob Coleman, Founder, Coleman Publishing
He is the founder of Coleman Publishing, a publisher of newsletters, reports, data, conferences, webinars, online training videos — to help finance professionals become small business lending experts.
Bob is the nationally recognized expert on small business financing. He has appeared frequently on Fox Business News, NPR and other numerous media outlets. He is sourced by all print media. He is a frequent speaker about small business lending throughout the US and EU. Bob has a BA in Medieval History from the University of California Santa Barbara and a MBA in Real Estate Finance from the University of Southern California. Bob has earned numerous awards as a producer of events and video training. His passion is getting capital to Main Street and Rural American small business.
How the Webinar Works
We use Microsoft Teams as the webinar platform.
We will open the webinar for attendees to join at 1:30 pm ET. This will give each attendee thirty minutes before the webinar begins to troubleshoot any technical issues. Call 586-804-8775 if you need assistance.
Recording
All Coleman webinars are recorded and a link is sent to all attendees.
Single Site License
The single site license grants your institution one viewing of the webinar. It is permissible to use a single site license on one device in a conference room to be viewed by multiple attendees The webinar can be viewed on any device.
Multiple Site License
A multiple site license is an unlimited access pass for anyone at your institution. You will be given a link that will be usable to anyone with your email domain.
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.
The Fine Print
1) Substitutions are allowed at no charge.
2) Cancellations receive a 100% credit for any Coleman product.
3) As with all our products, we offer a 100% money back satisfaction guarantee — no questions asked.
3 Easy Ways to Order
1) ONLINE — Register and pay online via Stripe
2) EMAIL –Send an email to cindy@colemanreport.com with “Webinar Registration” in the Subject Line. We will do all the paperwork and either send you a sales receipt or an invoice.
3) PHONE — Call us at 818-790-4591.
Bob Coleman
Founder & Publisher