SBA Lending 101
SBA Lending 101
Commercial Mortgage Depot
Fundamentals of SBA 7(a) Lending
The objective for this training is to provide a fundamental understanding of the
SBA 7(a) Loan Program.
Important topics of discussion:
- Benefits of the SBA Lending Program
- Specific Eligibility Requirements
- Source and Use of Proceeds, including Equity requirements,
Debt Refinance, Change of Ownership, and other business uses
- Program Terms, Rates & Fees
- Underwriting Requirements, including key financial ratios, EBITDA or cash flow, working capital, etc.
- Preparing a complete loan package and Bank underwriting process
Date: Wednesday, February 28, 2024 Time: 4:00-5:00 PM
Enrique Gomez, President of Commercial Mortgage Depot with over 35 years of Commercial Mortgage Underwriting experience and Certified SBA Credit Underwriter by NAGGL
Larry Kneip, SBA Director at Commercial Mortgage Depot with over 35 years of experience holding senior level management positions in credit and commercial lending at several local, regional, and national Banks. My credit knowledge and ability to structure deals leads to successful lending outcomes.
