SPEAKERS: Steve White, Lead Lender Relations Specialist,
SBA Colorado District
Mark Abell, Director of SBA Division, NBH Bank
Description:
Please join the RMA Rocky Mountain Chapter for an educational program covering recent updates in the SBA program, including changes in the EIDL loan program. This course will also help you understand underwriting the ‘SBA way’ to avoid potential pitfalls that can put your SBA guaranty at risk. We are excited that this course will be facilitated by Steve White, the Lead Lender Relations Specialist for the Colorado District Office of the SBA, and Mark Abell, Director of Small Business Administration of NBH Bank. Secure your spot in this virtual program today!
Agenda:
- Overview of the SBA Lending Program
- Changes/updates in the SBA program:
- fee structure
- the 504 program
- Disaster Loan Assistance EIDL
- General Eligibility Requirements:
- Type of Business
- Use of Loan Proceeds
- Credit Criteria and Collateral Requirements
- Loan Authorization
- Due Diligence Items:
- Entity Documents, Searches
- Real Property, Personal Property
- Refinance, Construction
- Insurance
- Business Acquisition, Equity Injection
- Servicing/Liquidation
- Lending Perspective: Best Practices for Underwriting and Mitigating Risk of an SBA Loan
Credits: 1.80 CRC Continuing Education Units
Registration closes at 11:59 MST on 11/15/2021
Speakers:
STEVE WHITE is the Lead Lender Relations Specialist for the Colorado District Office of the U.S. Small Business Administration (SBA). Steve began working for the SBA as a Lender Relations Specialist in the Colorado District Office in 2013. Steve was later promoted to Senior Area Manager for Western North Carolina prior to returning as the Lead Lender Relations Specialist for the Colorado District Office in 2017.
Steve’s experience with the SBA began in 1995 while working as a commercial loan packager for a privately owned bank in Tennessee. Steve also has a residential mortgage lending background.
Prior to working at the SBA, Steve served in the US Navy from August 1989 to June of 1995 and then Steve served again in the US Army from May 2003 to October 2012.
In between service in the Navy and the Army, Steve received his Bachelor of Arts from East Tennessee State University and his Master of Divinity from the Southern Baptist Theological Seminary in Louisville, KY.
MARK ABELL
Mark took over responsibility for the SBA Division of NBH Bank, a community banking franchise with locations across Colorado, Eastern Kansas, Western Missouri, and Texas in December, 2015. During his tenure at NBH Bank, Mark has focused on process improvements as the foundation for achieving greater success in SBA lending. His impact has been measurable with a significant increase in SBA lending across it's three brands: Bank Midwest, Community Banks of Colorado, and Hillcrest Bank. Prior to joining NBH Bank, Mark founded and managed another regional bank’s SBA Lending Division in Colorado and New Mexico from 2005 to 2015. Mark is a recognized thought leader and sought-after speaker on the topics of PPP Loans, general SBA Lending, and in particular, Access to Capital, Exit Planning, Export Finance, and Real Estate Lending.
Under Mark’s leadership, Community Banks of Colorado was named SBA’s 2020 Startup and Job Creation Lender of the Year in Colorado. Mark was also recognized individually by the Colorado District Office of the SBA in 2011 as the Financial Services Champion of the Year - an award that can only be bestowed upon a lender once in recognition of his/her efforts supporting Small Businesses. He was named one of the Denver Business Journal’s Forty under 40 in 2008, a recognition of 40 local business leaders under the age of 40 “demonstrating a commitment to professional excellence and contributions to the community”.
Mark specializes in structuring SBA loan solutions to help growing businesses achieve their goals on projects of all sizes. He believes that whenever possible, SBA loans should be presented as options with their costs and benefits clearly identified. He recognizes that it is our clients that must ultimately understand their options and select the one that is best for their business.
Mark has helped companies ranging in size from $150,000 in revenues with 1 employee to $150,000,000 in revenues with over 300 employees. He has financed projects ranging from $25,000 to about $30,000,000.
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