7(a) Loan Closing Basics Package (2024 Update)
Learn the ins and outs of 7(a) Loan Closings from A to Z and catch up on the latest developments. This Curriculum Bundle includes 10 coursesCurriculum Description
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:
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Purposes of 7(a) Loan Programs
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SBA Loan Structures
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Source of Loan Funds
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Types of CDCs and 7(a) Lenders
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Maximum SBA Lending Limit
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Maximum SBA Guaranty Amounts and Percentages
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Eligible and Ineligible Borrowers and Use of Loan Proceeds
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Loan Maturities and Interest Rates
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Collateral
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7(a) Loan Job Creation and Economic Development Criteria
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7(a) Borrower Contribution
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Specific 7(a) Project Costs
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Overview of Loan Closing
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Overview of 7(a) Debenture Funding, Post-Funding and Loan Repayment
This package and all 7(a) Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.
Credit Information
This course is pre-approved for CLE credit in the following states. If your state is not listed, contact support for more information on how to receive credit
10 On Demand Courses Included
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