504 Loan Packaging
Two Day CourseWednesday - Thursday | March 12-13, 2025
9:00 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 1/22 |
After 1/22 |
||
| NADCO Member Rate | $799 per person | $949 per person | |
| Non-Member Rates | $1,199 per person | $1,349 per person | |
| SBA | Federal Government Rate | $749 per person | $899 per person |
RECOMMENDED FOR
Loan OfficersLoan Processors
COURSE SUMMARY
This expanded two-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 expanded course includes a detailed review of SBA’s new Risk Management Framework covering validation and compliance checks and using CAFS/ETRAN to validate and pre-check your application early to help avoid processing delays when the package is ultimately submitted to SBA. 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.FEATURED TOPICS:
- SBA’s NEW Risk Management Framework – extensive review of validation checks and compliance codes
- Affiliation - required loan package documentation
- 504 Refinance – required loan package documentation
- Navigating SBA’s updated franchise review guidelines
- Avoiding and 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 Terms & Conditions Document
- 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.
Wayne Williams
Wayne Williams joined the National Association of Development Companies (NADCO) in April 2020 as Executive Vice President of Regulatory Affairs and Training. Mr. Williams has over 35 years of experience in commercial banking and small business lending, including extensive expertise in SBA finance programs. Prior to joining NADCO, Mr. Williams served since 1997 as Senior Vice President and Senior Lending Officer for Business Finance Group, the #1 SBA 504 Certified Development Company in the Mid-Atlantic and a top 20 CDC nationally. Elected to the NADCO Board of Directors in 2015, Mr. Williams became a member of the Executive Committee in 2017 serving as Vice Chair of Regulatory Affairs. He most recently was Vice Chair of Governance. Mr. Williams is a national instructor for NADCO and a former instructor for the Risk Management Association and the American Institute of Banking. Earlier in his career, Mr. Williams served 10 years as a commercial loan officer for regional and national banks in Florida, North Carolina, and the Washington, DC metropolitan area. Wayne has a bachelor’s degree in Economics from the University of North Carolina at Chapel Hill and graduate certificates from the Advanced Management Program of the North Carolina School of Banking and East Carolina University’s RMA Commercial Lending School. SBA’s Washington Metropolitan Area District Office recognized Wayne in 2009 as Financial Services Champion of the Year.
