The SBA 7(a) Loan Process

Explore the SBA 7(a) lending process, from underwriting and approval through closing, servicing, and liquidation.

Course Progress

Course Description


By the end of this course, you will able to answer questions such as:

The Life Cycle of an SBA 7(a) Loan

Applying for an SBA 7(a) Loan

SBA Approval Authority and Lender Responsibilities

Collateral and Personal Guarantees

SBA Approval and E-Tran

Closing and Funding an SBA 7(a) Loan

SBA Loan Fees and Costs

Servicing and Modifying an SBA 7(a) Loan

Liquidating an SBA 7(a) Loan

The SBA Guaranty Purchase

Course Review

Course Quiz

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