Standard 7(a) Lender Training

SBA.govThe Georgia District Office and Georgia SBDC Network are presenting the Standard 7(a) Lender Training events taking place this summer as three separate sessions from June through August. These LENDERS ONLY sessions present a new training format which covers the entire Standard 7(a) loan process beginning with eligibility and finishing with the guaranty purchase. The sessions are completely free and materials are provided by the SBA.

See the following line-up for the event:

Session 1: Wednesday, June 26, 2013

  • Loan Eligibility & Underwriting, Session 1.1 (morning)
    • Targeting loan officers, this session covers size standards, loan proceeds, terms, and what the SBA looks for in terms of credit.
  • Standard 7(a) Application, Session 1.2 (afternoon)
    • A detailed look at all application forms and different submission methods.

Session 2: Tuesday, July 23, 2013

  • Standard 7(a) Loan Closing and Funding, Session 2.0
    • Targeting Document Prep personnel, this session will explain how to correctly follow the Loan Authorization as a checklist to protect your SBA guaranty.
    • This session will also cover all closing closing documents and the 7(a) Boilerplate

Session 3: Tuesday, August 27, 2013

  • Servicing and Liquidation, Session 3.1 & 3.2 (morning)

    • This session targets Loan Servicing and Liquidation Personnel and addresses servicing responsibilities and liquidation procedures.
  • Guaranty Purchase Package, Session 3.3 (afternoon)
    • This session also targets Loan Servicing and Liquidation Personnel, offering a detailed look at the 10-Tab Guaranty Purchase Package and addressing previous session materials as they relate to this request.

Although the event is FREE, pre-registration is required. Seats are limited so be sure to register on-line on the SBA Events Calendar web page before the event is full! The event will be from 10:00 am – 2:30 pm and will take place in Bryan Room of the Savannah Civic Center.