Top 20 Reasons SBA Repairs or Denies the 7(a) Guaranty — Wed, Oct 14
Coleman Professional Webinar Training
Date: Wednesday, October 14, 2026
Time: 2:00 p.m. Eastern
Recording and e-certification provided
Problems involving eligibility, underwriting, closing or servicing can result in an SBA repair or denial of the 7(a) guaranty.
SOP 50 10 8.1 adds new underwriting and documentation requirements for lenders beginning October 1. But many of the problems that put the guaranty at risk have not changed — incomplete loan files, unresolved closing exceptions, poorly documented servicing decisions and issues that surface when the lender prepares the guaranty purchase package.
On Wednesday, October 14, Lance Sexton will review the 20 recurring issues he finds in SBA loan files and guaranty purchase packages. During the past year, Lance has worked with SBA lenders reviewing loan files, servicing actions, liquidation decisions and guaranty purchase packages.
Lance will organize the discussion around the four areas where guaranty problems develop:
Eligibility. Underwriting. Closing. Servicing.
What Lance Will Cover
- Underwriting and documentation issues affected by SOP 50 10 8.1
- Eligibility documentation SBA expects to find in the loan file
- How the approval, credit memo, closing documents and loan file should reconcile
- Closing and disbursement records that support the guaranty
- Loan-file exceptions to resolve before preparing the UPP
- Documentation supporting servicing decisions
- Additional documentation required for early defaulted loans
- Liquidation actions and the supporting documentation SBA reviews
- The independent file review process
Your Instructor
Lance Sexton is a former SBA Deputy Director of the Little Rock Servicing Center. He has more than 40 years of small business lending experience, including 20 years directly managing SBA loan portfolios. He is Executive Vice President and Chief SBA Servicing and Liquidation Officer at Phoenix Lender Services.
This session is designed for SBA program managers, credit officers, underwriters, closers, servicers and liquidation professionals involved in 7(a) loan administration and guaranty purchase.
Register for the webinar.
How the Webinar Works
We use Microsoft Teams as the Webinar Platorm
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 for multiple attendees to view. 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 anyone in your email domain can use.
Webinar Links and Handouts
The webinar link will be sent out prior to the session, and included again when we send the presentation and handouts.
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 in Microsoft Teams. The second is to send an email to anna@colemanreport.com. Also, feel free to ask pre and post-webinar questions.
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 Quickbooks
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
Publisher, Coleman Report
bob@colemanreport.com