2022 Online 504 Loan Packaging Course
PLEASE NOTE: When purchasing online 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.
Course Description
This online course 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
Foundation Content:
- 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
Length of Recording: 4 hours 30 minutes
Resources: PDF Version of the PowerPoint Presentation and
504 Loan Package Checklist
Prerequisite: “Introduction to SBA 504” (online via NADCO
University) OR six-months’ experience in a substantive capacity (e.g., loan
officer) for a CDC.
Pricing: $449 NADCO Member | $849 Non-Member | $399
SBA/Federal Government
Students have 6 months from the time of purchase to complete the course.
Instructor Information
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 33 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.
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