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WEBExpress: Understanding SBA’s Change of Ownership Requirements
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 Export to Your Calendar 3/22/2018
When: March 22, 2018
Noon - 1:30 pm CENTRAL TIME
Where: TIME SHOWN IS CENTRAL TIME
Access instructions provided 24 hours prior to event
United States
Presenter: Jane Butler (NAGGL)
Contact: NAGGL
405.377.4022


Online registration is available until: 3/20/2018
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March 22 

WEBExpress: Understanding SBA’s Change of Ownership Requirements

Fee (per location connection): $345 Mbr; $525 Non-Mbr; $275 Govt
Registration Deadline:
March 20 (or until sold out)
Instructor:
Jane Butler (NAGGL)

Changes of ownership are among the most common use of proceeds for 7(a) loans. The SOP 50 10 5(J), Technical Corrections, that took effect on 1/1/2018 made some major adjustments to the change of ownership requirements. There are now specific definitions for phrases like ‘total project costs’ and ‘start-up business’ for equity purposes. Equity injection requirements, partner buyout debt to worth requirements and restrictions on seller notes as equity are all new in 2018. So, how does a lender understand and properly apply the change of ownership requirements to a loan request? Join policy expert Jane Butler (NAGGL) for a review of the new change of ownership requirements, including examples of eligible and ineligible scenarios.

LIVE Presentation Runs: 1:00-2:30 pm Eastern | Noon-1:30 pm Central | 11:00 am-12:30 pm Mountain | 10:00-11:30 am Pacific

Instructions for login will be distributed approximately 24 hours in advance of the session!

*Any transmission or retransmission to additional sites/rooms by any means, including, but not limited to, the use of a telephone conference bridge (whether or not owned by the registrant), is strictly prohibited.

Additional Lines: 
First line = $345
2-10 additional lines = $145 for each additional line
>10 additional lines = $125 for each additional line

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3/12/2018 » 3/15/2018
LONG BEACH - 7(a) Lender Classroom Training