PatriotExpress SBA Loans — FY23 Underwriting and Closing Guidance — Webinar 3/15
A Live Streaming Training Webinar
PatriotExpress SBA Loans
FY23 Underwriting and Closing Guidance
A Coleman Training Webinar
Date: Wednesday, March 15, 2023
Time: 2:00 p.m. Eastern
Download a Registration Form
a 75-minute training class that lets staff earn e-certification
The Patriot Express Loan Program provides loans of up to $500,000 to military community members, including veterans, service-disabled veterans, active-duty service members who are transitioning to civilian life, and their spouses.
Community Advantage lenders have their own program — Veterans Advantage Loan Program. This offers loans of up to $350,000 to small businesses that are majority-owned by veterans or military spouses.
We will compare and contrast the two programs.
New for 2023 are formalized certifications and fee reductions.
Register for this Lance Sexton taught training webinar to learn the latest nuances and requirements for underwriting and closing SBA veteran loans.
As with all SBA loan programs, attention to detail and complying with all SBA rules is critical to ensure the validity of your loan guaranty.
You and your team will learn:
Patriot Express Underwriting Review
- Documenting Veteran Status
- Eligibility
- Guaranty Fees
- Credit Memo Requirements
- Cash Flow
- Collateral
- Insurance
- What happens if a new loan exceeds the Express Maximum?
- Veteran Advantage vs Patriot Express
Patriot Express Closing Review
- Documenting Veteran Status
- The Loan Authorization
- Veteran Advantage vs Patriot Express
Patriot Express Bonus Material
- Servicing the Patriot Express Loan
- Liquidating the Patriot Express Loan
Coleman Report Webinar Benefits:
- Coleman Report webinars provide solutions to problems that left unaddressed will jeopardize the SBA loan guarantee.
- We give management the tools to create prudent credit boxes compliant with SBA’s standard operating procedures.
- We train your staff to ensure compliance of existing and new SBA rules and regulations.
- Tips that solve difficult SBA underwriting, servicing and liquidation challenges.
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
Bob Coleman is the Author of “Money Money Everywhere and Not a Drop for Main Street.” 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 GoToWebinar 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 (818) 790-4591 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.
Webinar Links and Handouts
The webinar link will be included on your sales receipt.
The link will also be included when we send the presentation and handouts. These will be sent by eod the day before.
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.
Questions
Questions throughout the webinar 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 is to send an email to joseph@colemanreport.com. Also, feel free to ask pre and post-webinar questions.
Telephone Only Option
You may also choose to listen to the program on your telephone. The phone number will be provided with the handouts.
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.
Three Easy Ways to Order
1) ONLINE — Register and pay online via Paypal
2) EMAIL –Send an email to joseph@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. Pay your Quickbooks generated invoice with a credit card. Download a Registration Form
3) PHONE — Call Joseph, Bob or Michael at 818-790-4591.
Bob Coleman
Publisher, Coleman Report
bob@colemanreport.com