The purpose of this 90-minute session is to provide participants with a good understanding of the loan documentation process requirements. Among other key learnings, participants will be exposed to the five steps in the loan documentation process. Each of the five steps requires certain documents to accomplish their respective purpose. The participant will develop an understanding of each of these documents and learn when to use them.
This webinar on commercial loan documentation will focus on providing attendees with a sound working knowledge of the purpose and significance of each document in the lending process. It will offer a broad overview of the loan documents' provisions to borrowers while enabling attendees to identify and document the collateral.
Why Should You Attend:
The lending process includes the following phases: application, investigation, evaluation, decision documentation, administration, and collection. All of these phases require some form of documentation in order to protect the bank's interest. This part of the lending process is essential in order to avoid loan losses due to poor documentation especially during a bankruptcy case. Many community banks assign this important responsibility to loan officers and loan administrators. If not performed accurately, poor documentation can cause loans to be essentially unsecured or unguaranteed where the bank is expected to have some form of credit enhancement (collateral) as a secondary source of repayment.This webinar on commercial loan documentation will focus on providing attendees with a sound working knowledge of the purpose and significance of each document in the lending process. It will offer a broad overview of the loan documents' provisions to borrowers while enabling attendees to identify and document the collateral.
Learning Objectives:
After completing this course the participant will:- Recognize the documents required to complete the five steps in the documentation process
- Have a good working knowledge of the purpose of each document
- Be able to provide a broad overview of the loan documents' provisions to borrowers
- Know the rules of perfecting the security interest under the rules of Article 9 of the Uniform Commercial Code
- Know the basic documentation required for closing an agricultural loan
- Have a keen understanding of loan processing management techniques
Areas Covered in the Webinar:
- Identifying the borrower
- Identifying and documenting the collateral
- Evidencing the debt
- Partnership/entity
- Corporation ownership control
- Attaching the collateral
- Perfecting the security interest
- Perfect the collateral
- Documents required to close various commercial loans
- Borrower's perspective in commercial loan transaction
- Bankruptcy trends
- Debtor vs original debtor
- Closing the loan: techniques and documentation
- Ensure first priority in securing lending under the Uniform Commercial Code
- Cases and questions
Who Will Benefit:
- Commercial Loan Officers
- Consumer Loan Officers
- Credit Analysts
- Loan Review Personnel
- Compliance Officers
- Internal Auditors
- Branch Managers
- Credit Administration Personnel
- Loan Operations Staff
Course Provider
Jeffery Johnson,
