Webinar: Commercial Lending Basics: Risks, Scrutiny, Safeguards, Collateral & More
October 24, 2023 3:00 pm - 4:30 pm
Each commercial loan is unique. Who are the parties to the loan and who is authorized or required to sign which documents?
What about security interests on different types of collateral, like marketable securities, deposit accounts, life insurance policies, equipment and inventory, contracts or receivables, leases, etc.? Attend this illuminating webinar to get your commercial lending skills on solid ground.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify parties to the loan
- Use your loan policy to “drive” when offering, underwriting, and monitoring a loan
- Understand loan agreement covenants - beyond boilerplate language
- Perfect your security interest
- Review title insurance policies and identify notable endorsements and exceptions
- Detail subordination agreements, when to get them, what is being subordinated (repayment priority, lien position), and when to ask for subordination of loans to shareholders
- Document commercial construction loans, realizing that a general liability policy does not cover a subcontractor’s faulty workmanship
- Understand compliance requirements and commercial lending hot spots
WEBINAR DETAILS
Commercial loans don’t always follow a “normal” pattern. Each one is unique. These loans carry the most risk and technical requirements and therefore receive enhanced scrutiny from examiners. This program will provide a better understanding of protections and safeguards that need to be put in place when drafting a loan. It will review the documentation for a commercial loan, including collateral security documents. You’ll learn underwriting best practices and how to avoid hazards. This must-attend webinar is for new commercial lenders or current lenders and operations staff seeking to build a strong foundation in commercial loan documentation and compliance.
WHO SHOULD ATTEND?
This informative session is designed for commercial lenders, loan operations staff, loan review staff, and auditors.
TAKE-AWAY TOOLKIT
- Commercial loan documentation checklist
- Commercial real estate documentation checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Presented By: Dawn Kincaid, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.