SBA Lending: Documenting, Closing and Servicing 7(a) and CDC/504 Loans
Navigating SBA Approval and Authorization Process, Preserving the Loan Guaranty and Security Interest
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide banking and finance counsel with the knowledge to properly document and close SBA loans. The program will cover the terms and conditions of the Section 7(a) loan and the CDC/504 acquisition/equipment financing mortgage loans. The program will discuss recent changes and developments that impact loan closings.
- SBA loan programs
- 7(a) loans
- CDC/504 loans
- Small Business Investment Company (SBIC)
- Microloan program
- Approval and authorization process
- Closing process
- Servicing the loan
- Loan defaults
The panel will review these and other key issues:
- What are best practices for lenders to navigate the SBA loan authorization and approval process?
- What pitfalls do lenders face in documenting a 7(a) loan to preserve the federal guaranty?
- What are best practices for post-closing loan servicing?
- What recent changes has SBA made to streamline the loan approval process and what changes can we expect to see in the near future?
Robert F. Polito, Jr.
SVP/Director of Government Guaranteed Lending (SBA)
Mr. Polito has 30 years of banking and 28 years of successful commercial lending experience. He leads all aspects... | Read More
Mr. Polito has 30 years of banking and 28 years of successful commercial lending experience. He leads all aspects of corporate lending/banking activities for Webster Bank, NA in the support of U.S. Small Business Administration (SBA) lending programs. He has been quoted in The New Haven Register, The Hartford Courant, The Hartford Business Journal, CNN-Money and The Wall Street Journal. He has appeared on numerous occasions on Fox-TV affiliates.Close
Jane Elaine Ballerini
Neubert Pepe & Monteith
Ms. Ballerini practices in the areas of commercial real estate law, commercial finance and general commercial and... | Read More
Ms. Ballerini practices in the areas of commercial real estate law, commercial finance and general commercial and business law. She represents local and national banks in the extension of asset-based, mortgage and construction loans to commercial borrowers. She is one of four practicing U. S. Small Business Administration (SBA) Designated Attorneys in Connecticut. She has developed a sub-specialty in representing traditional lenders and Certified Development Companies in transactions involving government guaranteed loans including loans made under the SBA’s CDC/504 and 7(a) loan programs.Close