504 Loan Packaging Overview


Thursday, February 8, 2018



Discounted Rate
(By 12/12/2017)
Standard Rate
(After 12/12/2017)
NADCO Member $339 $389
Non-Member $639 $689


Course Description


This streamlined one-day class is essential training for loan officers and loan processors, providing a thorough review of the loan application process from the prospect meeting all the way through loan approval. Emphasis is placed on the forms and supporting documentation required for a successful SBA package. Collect the right information, accurately complete the required forms, and successfully interact with SBA for a streamlined loan approval process that saves your CDC time and money. The course includes extensive sharing of best practices and pointers from CDCs with the fastest Sacramento Loan Processing Center (SLPC) turn-around times in the country.

NEW Topics include:
Affiliation - required loan package documentation
504 Refinance – required loan package documentation
Navigating the franchise registry
Avoiding/Successfully Responding to screen-outs and denials
Preparing 327 amendments

Additional Topics include:
Applicant interview and initial application forms
Sources and Uses of Funds/Loan Structuring
Preparing the CDC Credit Memo
Pre-Application Review forms
SBA Form 1244
Detailed review of all required application exhibits
Preparing the Authorization for Debenture Guarantee
Using eTran

PREREQUISITE: “Introduction to SBA 504” (online via NADCO University) OR six-months’ experience in a substantive capacity (e.g., loan officer) for a CDC.


Other Recommended Courses for Participants


SOP 50 10 5(J)


Instructor Information


Wayne Williams

With over 27 years in the industry, and 17 years with Business Finance Group, Wayne Williams is responsible for working with the lending community, small business owners and other partners within the Washington, D.C. metropolitan area.

While working with Business Finance Group, he has personally assisted over 400 small businesses with projects totaling over $700 million. Prior to joining Business Finance Group, Wayne spent ten years in commercial lending and has worked in SBA lending for most of his career.

Wayne is the Chair of the Lenders Quality Circle Steering Committee for the U.S. Small Business Administration Washington Metropolitan Area District Office, and is former Chapter President and National Award Winner with the American Institute of Banking. He was an instructor for the Risk Management Association and is a graduate of the Advanced Management Program of the North Carolina School of Banking and the Risk Management Association Commercial Lending School. In 2009, Wayne was recognized the Washington Metropolitan Area District Office as SBA’s Financial Services Champion.