Overview :
This webinar will expose participants to five steps in the loan documentation process, which include.
Identifying the Borrower
Identifying and Documenting the Collateral
Evidencing the Debt
Attaching the Collateral
Perfecting the Security Interest
Each of the five steps requires certain documents to accomplish their respective purpose.
Why Should You Attend :
To gain better understanding of loan documents and the perfection process.
Areas Covered in this Webinar :
The primary documents to be presented are as follows:
Documents required to identify borrower and establish authority
Loan application process
Financial statements
Credit memorandum
Typical business structures
Corporations
Limited liability companies
Corporate and partnership resolutions
Opinion letters
Certificates of good standing
Articles of incorporation
by-laws
Review legal definition of collateral types to avoid improper classification of collateral
Review of collateral definitions
Review of collateral valuation documents
Documents to evidence the debt
Commercial and consumer promissory notes
Loan agreements
Commitment letters
Documents to attach and support various types of collateral
Security agreement
Deed to secure debt
Hypothecation agreement
Guaranty agreement
Subordination agreement
Landlord's waiver
Insurance policies
Documents required to perfect the security interest
How to prepare and file uniform commercial code financing statement
Review of other methods of collateral perfection
Learning Objectives :
Develop an understanding of each loan document presented and know when to use it
Who Will Benefit :
Lenders
Auditors
Bank Managers
Compliance Officer
Loan documentation
All levels of Loan Administration
For more information, please visit : https://www.complianceglobal.us/product/700601/DavidSawyer/loan-documentation-for-loan-administrators/1
Email: support@complianceglobal.us
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515
Level:
Intermediate
Speaker Profile :
David Sawyer's experience in banking began in 1981 in the area of credit administration with Central Bank of the South. Since that time, he has served in the capacity of senior lender, senior credit officer and president and CEO of a community bank and two regional bank affiliates. His banking experience includes corporate, middle market and small businesses with emphasis on Commercial lending as well as SBA and lending to municipalities.
David has a B.S degree with a major in banking and finance and is a graduate of LSU School of Banking. He recently received Credit Risk Certification from Robert Morris and Associates (RMA). David has enjoyed teaching and training other bankers throughout his career and has held numerous teaching certifications in the banking area.
David lends extensive knowledge and experience in lending, credit analysis and problem loan identification/workout in addition to experience with banking regulators in the present environment.
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