You are registering for:
Module 1: The Liquidation Decision
Date: Available for download now! Students have 6 months from the time of purchase to complete the course.
NADCO Member and Government Tuition: $199 per person
Non-Member Tuition: $299 per person

Module 1: The Liquidation Decision is the first in a suite of 3 on-line Advanced Liquidation modules.

These modules are designed for CDCs who want to learn more about advanced liquidation activities, who want to better understand the SBA requirements for liquidation and get advice for completing SBA forms. The modules also include samples of formats, SBA required forms, and checklists to assist CDCs. In addition, CDCs will gain valuable insight into how to submit requests to SBA to get approval and what documentation is needed. Each module is presented as a standalone subject and includes forms, formats and checklists available for download along with a Power point presentation. When the modules are combined they will represent the very latest in SBA liquidation information. These on-demand modules are supplemental to the in-depth two-day training offered by NADCO annually.

Description: Within Module 1 attendees will received an explanation and description of the following topics: problem loan monitoring; payment default, acceleration, liquidation and debenture purchases; debenture purchase decision and scenarios; debenture purchase requests; making demands; and SBA timelines and deadlines. This is a pre-recorded online training that's duration is about an hour and a half in length. The recording has the ability to be paused and watched as many times as the user wishes. In addition to the recording below you will find supplemental materials referenced within the course.

After completing this module attendees should understand:

• How to effectively identify and monitor problem loans
• How to identify and handle default situations requiring acceleration, liquidation classification and debenture purchase
• The importance of objectivity in debenture purchase decisions to ensure that SBA doesn’t incur unnecessary interest expense by missing optimal semi-annual dates
• Questions to ask and how to react effectively to various debenture purchase scenarios
• Procedures for requesting a debenture purchase and what immediate steps are required by both SBA and CDC after purchase
• How to write an effective demand letter
• SBA liquidation timelines and milestones

This is a pre-recorded online training session with slide presentation that will be available for access any time after purchase. In order to receive credit, students are required to register for the online training session and view the presentation.