Workout & Liquidation of an SBA Loan

Collections Lending Sales & Specials

On-Demand Webinar

StreamedAug 22, 2023Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

The government guaranty is unquestionably the most important collateral for any SBA loan.

However, the ability of an SBA lender to collect on the guaranty can be far from certain…

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Develop an action plan upon learning a borrower is in trouble
Distinguish between the steps to take for loans sold on the secondary market versus loans held by the lender
Determine when to work with borrowers and when to move straight to liquidation or litigation
Understand the various packages to be submitted to the SBA to have your guaranty honored and the loan charged off
Explain the top reasons why lenders have their SBA guaranty repaired or denied and what lenders should be doing leading up to and after they receive a repair or denial from the SBA

WEBINAR DETAILS

The detailed, complex procedures for servicing and liquidating SBA loans can be unwieldy. Lenders may be required to take steps they don’t ordinarily take with conventional loans to ensure the validity of the government guaranty Even when lenders have made all the right decisions regarding the servicing and liquidation of a loan in default, their documentation may be insufficient and not in accordance with SBA requirements. Often these mistakes don’t come to light until the SBA denies a guaranty purchase request or penalizes a lender with a repair to its guaranty. From the post-default site visit, through the wrap-up report and charge off, this webinar will explore how to properly handle a workout or liquidation of an SBA loan in default.

WHO SHOULD ATTEND?

This informative session is designed for those who deal directly with loan servicing and the special assets department, loan officers, loan closers, administrators, and executives wanting a deeper understanding of the SBA loan programs and servicing and liquidation of SBA loans going into default.

TAKE-AWAY TOOLKIT

7(a) Guaranty Purchase Package
SBA Litigation Plan Form
Offer In Compromise Tabs
Care and Preservation of Collateral Tabs
7(a) Servicing and Liquidation Actions Lender Matrix
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

TESTIMONIALS

"Very well organized. Presenters did a great job, and slides were very informative, while not being too "busy", or complicated to understand."
- Gary, American Commerce Bank