SBA Lending: Documenting, Closing and Servicing 7(a) and CDC/504 Loans

Navigating SBA Approval and Authorization Process and Best Closing Practices for Preserving the Loan Guaranty

Recording of a 90-minute premium CLE webinar with Q&A

Conducted on Tuesday, January 22, 2019

Recorded event now available

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Program Materials

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 a 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 with the promulgation of SOP 50 10 5(J).


While banks, credit unions and fintechs are tripping over themselves to extend credit availability for businesses, the SBA has recognized the advances that technology has provided to the industry. The SBA has streamlined its loan programs to create more access and opportunity for both lenders and borrowers. To incentivize banks to do more small business loans, the SBA does not require banks to conduct an analysis of cash flow or debt-service coverage on loans of $350,000 or less. Other recent rule changes have expanded the accessibility of loan programs and simplified the loan application process.

The SBA has succeeded in increasing the number of loans made, as well as the number of banks participating in its loan programs. While the loan guarantees by SBA are attractive to banks, the SBA loan process remains complicated and full of pitfalls for lenders.

Listen as our authoritative panel discusses the SBA financing program and best practices for lenders to document, close and service SBA loans. The panel will guide you through the SBA authorization and approval process and discuss recent changes and developments that impact loan closings.



  1. SBA loan programs
    1. 7(a) loans
    2. CDC/504 loans
    3. SOP 50 10 5(J) Updates
  2. Approval and authorization process
  3. Closing and Documenting the Loan
  4. Servicing the loan
  5. Loan defaults and Securing the Guaranty


The panel will review these and other priority 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 are the recent changes by SBA to streamline the loan approval process?


Ballerini, Jane Elaine
Jane E. Ballerini

Neubert Pepe & Monteith

Ms. Ballerini practices in the areas of commercial real estate law, commercial finance and general commercial and...  |  Read More

Polito, Robert
Robert F. Polito, Jr.

SVP/Director of Government Guaranteed Lending (SBA)
Webster Bank

Mr. Polito has 30 years of banking and 28 years of successful commercial lending experience. He leads all aspects...  |  Read More

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