SBA Lessons Learned – Best Practices in Servicing – Offers in Compromise
What You’ll Learn:
Have you ever had a SBA borrower ask about making an offer to get released on a SBA loan that is in Liquidation? If so, this is a training program for you.
We will cover the Offer in Compromise on a SBA loan.
The key objectives of this seminar will answer the following topics:
- When is a OIC appropriate?
- How to navigate an OIC with a going concern.
- The content of an OIC.
- What is an adequate OIC offer?
- The payment process on an approved OIC.
Increase your SBA intensive servicing knowledge by participating in this important training on Offers in Compromise.
Please join us for this webinar held Thursday, January 15th at 11:30 EST and use the following registration link for the webinar. This webinar cost is $49 per organization and free to PrudentLender clients, affiliates and government employees.
Join our Expert Instructor Lance Sexton:
Lance Sexton has a long history of working with small businesses and educating small business owners and students related to Entrepreneurship and SBA Loan Origination, Servicing, and Liquidation.
Lance has 30 years of experience in the origination, servicing, and liquidation of SBA Loans, ten years of experience directly managing portfolios of SBA loans that are both performing and non-performing, and six years of experience as a small business owner. He has served as Vice President, Senior Vice President, and Executive Officer of three community banks building and managing SBA portfolios at each bank. Lance also was a faculty member of the Sam M Walton College of Business at the University of Arkansas teaching entrepreneurship courses.