504 Loan Packaging
One Day CourseThursday | March 9, 2023
8:30 AM - 5:00 PM
PLEASE NOTE: When purchasing training courses, each individual MUST log into the system with their unique login and purchase their own session in order to receive a certificate of course completion in the attendee’s name. You cannot register multiple people for training courses under one login. If you need assistance registering for online training courses, please email Mandy Robertson at mrobertson@nadco.org before completing your purchase.
TUITION FEES
Through 1/24 |
After 1/24 |
||
| NADCO Member Rate | $399 per person | $449 per person | |
| Non-Member Rates | $699 per person | $749 per person | |
| SBA | Federal Government Rate | $299 per person | $349 per person |
RECOMMENDED FOR
Loan OfficersLoan Processors
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.Hot 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
- Applicant interview and initial application forms
- Loan Approval Process
- Brief review of the CDC Credit Memo
- Pre-Application Review requirements
- SBA Form 1244
- Detailed review of all required application exhibits
- Preparing the Authorization for Debenture Guarantee
- Ventures+ and eTran Integration
PREREQUISITES
“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
Navigating the SOP 50 10CSA Servicing and Modernization Updates Luncheon
INSTRUCTOR INFORMATION
Briana RickertsenBriana Rickertsen started her career at B:Side Capital (formerly Colorado Lending Source) in 2012 and currently serves as the Production Manager for the Small Business Administration (SBA) lending team. She is truly an expert in her field and has personally handled over 560 SBA loan approvals, helping to create over 2,000 jobs. (This includes SBA 504, SBA 7(a), and Paycheck Protection Program loans.) B:Side Capital and B:Side Fund, two organizations under one unifying brand, are committed to fostering the economic growth of diverse small businesses; Briana goes above and beyond each and every day in support of B:Side’s mission ensuring that businesses have access to responsible capital that would otherwise be unavailable.
Evan Shaw
Evan Shaw has spent his entire professional career—and over half his life—working in the SBA 504 industry. He currently serves as a Senior Consultant at Guidehouse supporting the SBA 504 Central Servicing Agent contract. Prior to his current role, he worked at Business Finance Group Inc., a CDC that serves Virginia, Maryland, the District of Columbia, and West Virginia. He was initially exposed to loan files at the CDC in 2002 through an internship while attending George Mason University and was subsequently hired as a Credit Analyst after graduation. He eventually took over management of the underwriting and processing functions and served as the CDC’s Chief Credit Officer for five years before moving on to his current role at Guidehouse in early 2022.
Miriam Voigt
Miriam Voigt currently serves as a Managing Consultant at Guidehouse supporting the SBA 504 CSA and the SBA 7a FTA contracts. Prior to Guidehouse, Miriam worked for CDC Small Business Finance Corp for almost 29 years working with the SBA 504 and 7a loan programs. For 19 years she was involved in Processing and Closing SBA 504 loans. She also managed an entire closing department and has expressed more than once her passion for 504 closings. The last 10 years at CDC, Miriam was the Director of Sales and Support for Ventures Lending Technologies supporting almost every CDC in the country with their 504 technology needs.
