SBA Loan Closings (Session 2): 7(a) Authorization (SBA Guaranteed Loan)

This program can be taken individually or as Chapter 2 of the 7(a) Loan Closing Course. This program is designed for attorneys, paralegals, and bankers engaged in closing SBA Loans, especially 7(a) Loans, or interested in learning more about integrating the closing process with loan eligibility and packaging and loan servicing. 

This program discusses the following topics:

• Review of National Authorization Boilerplate and Standard

• Collateral Conditions

• Signing the Authorization

• What is the Authorization

• Amending the Authorization

• Guarantors: who must guarantee and waivers

This course and all 7(a) Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.