The New SBA 504 Refi Loan! — Webinar 8/4

NEW Coleman SBA 504 Webinar

How to Structure a Win-Win Lending Product that is Profitable for You
Allows Your Borrower to Maximize CRE Equity Withdrawals

The New SBA 504 Refi Loan!

Retain your Borrowers and Attract new Customers

Build a Profitable and Well-Performing CRE Loan Portfolio

INTRODUCING a Webinar that Gives You Step-by-Step Instructions Guide for Quick and Compliant SBA 504 Refinancing Loans with our Coleman Underwriting Checklist

A Coleman Webinar
Date: Wednesday, August 4, 2021
Time: 2:00 p.m. Eastern
Download a Registration Form

NEW!! SBA 504 Debt Refi IFR Effective July 29, 2021 (2021-15975)

For 504 debt refinancing involving expansions, increasing the amount of existing indebtedness that may be refinanced; and for 504 debt refinancing not involving expansions, removing two limitations on the program, reinstating an alternate job retention goal for the refinancing project, revising the definition of qualified debt, and removing the prohibition against Certified Development Companies (‘‘CDCs’’) participating in the Premier Certified Lenders Program using their delegated authority to make these loans.

Effective immediately COVID stimulus legislation authorizes CDCs unilateral authority to refinance the first lien on an existing 504 Project. Also known as the “Third Party Loan,” the first and second lien combinations can be up to 90 percent of the loan to value.

The lender refinancing the Third Party Loan may be the existing Third Party Lender or a different private lender.

Join Coleman Faculty instructor Lance Sexton for our upcoming webinar on the New 504 Refinancing Loan.

Your staff will learn:
  • Eligible Loans to be Refinanced
  • Same Institution Debt Issues
  • Internal Credit Policy Addendum
  • Credit Memo Requirements
  • SBA COVID Underwriting Requirements
  • First Lien Loan Structure
  • Allowable First Lien Lender Rate and Fees
  • Allowable CDC Expenses
  • Definition of a “Seasoned” Loan
  • Loan Transcripts
  • Borrower Credit Requirements
  • Borrower Financial Statement Requirements
  • Borrower Tax Return Requirements
  • Debt Service Coverage Ratio Requirements
  • Appraisal Requirements
  • Insurance Requirements
  • Property Tax Requirements
  • Specific Allowable Use of Proceeds
  • Documentation of Use of Proceeds
  • 504 Subordination Loan Requirements
  • Preparing the Subordination Agreement
  • Obtaining the Power of Attorney
  • The Third Party Loan Agreement
  • Recording Requirements
  • Allowable CDC Fees
  • Risks to the CDC in case of Fraud
  • Risks to the CDC in case of Negligence
  • Risks to the CDC for Misrepresentation

Your Professional Coleman SBA Webinar Instructors:

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 earned three industry SIPA awards for “Best Online Learning Product”.

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 BankOZK and has been affiliated with Coleman Publishing for over five 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 SIPA industry awards including “Podcast of the Year” and as a producer of events and video training.

His passion is getting capital to Main Street and Rural American small business.

Webinar Details

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.

Participant Questions
Questions are strongly encouraged. There are two ways to ask a question during the webinar. The first is to ask the question via the chat box on the GoToWebinar dashboard. The second way is to send an email to Also, feel free to ask pre and post-webinar questions.

How the Webinar Works
We use GoToWebinar for the webinar platform. You will receive a link that will direct you to an Internet site to view the presentation. If you would like to test this process to make sure you will be able to access the link through your system’s firewall, just send an email to, and he will schedule a test run.
Note we will open the webinar for attendees to join at 1:30pm 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.

All Coleman Webinar Speakers are seen Live via Video Stream
You will see our speakers live through a video feed. You may customize the size of the speaker and powerpoint presentations by clicking on the webcam button on the GoToWebinar dashboard. You may position the speakers at the top, bottom, right or left hand sides. You may also choose to eliminate the video stream and just view the powerpoint.

Telephone Only Option
You may also choose to listen to the program on your telephone. The phone number will be provided with the handouts.

PDF Handouts
You will receive the pdf handout via email the day before the event. These may be distributed to all of your attendees.

Replay Link
If something comes up and you miss any part of the webinar, or there are technical issues such as a power failure, Internet dropout, fire alarm drills, actual fires or, earthquake (yes that has happened!) simply email and he will send you a link you may watch all or part of the webinar at your leisure. There is no charge for this service.

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.

Five Easy Ways to Order!

1) Previous customers need only to send an email to with “Register and the Webinar Name” 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 Pkwy, #4525, Mission Viejo, CA 92690
5) Click “Add to Cart” to pay using PayPal


100 of the top 100 SBA lenders purchase our reports and data — attend our online training, webinars and summits. Coleman Report is committed to a mission of providing information to train finance professionals as small business lending experts who fund capital to Rural and Main Street America.


Very informative. I have actually printed off all of the information you provided and labeled it: “SBA PPP Good Information Condensed,” Alabama Teachers Credit Union

I find that your webinar training sessions are a GREAT way for me to keep current on important things SBA. Loan Service Provider.

Thanks for providing this training. It was very informative and helped me a lot. Our Bank highly encourages all our colleagues to take your training program. Highly appreciate your service in enlightening our knowledge. The Mint National Bank

This is incredible data. Great job in working through it. Embassy National Bank

The New SBA 504 Refi Loan!

Bob Coleman
Editor, Coleman Report
28081 Marguerite Pkwy #4525
Mission Viejo, CA 92690
(818) 790-4591
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