Small Business Lending Roundtable: Phoenix 

The Federation is pleased to announce a pre-conference roundtable on business lending. This opportunity for credit unions interested in expanding their member business lending. Come learn about a software and service partnership between the Federation and Community Reinvestment Fund to offer a stand-alone business lending platform that integrates with SBA. This easy to use, web-based lending platform,with guides and tips for borrowers, has proven to reduce origination time by more than 40% by:

• working directly with the borrower – the business owner can log-in into his application to follow loan processing and track deliverables
• checking the work of the loan officer – through simple  checklists, the loan officer is able to improve the accuracy of the loan documentation submitted, quickly identifying the SBA forms required, saving time and loan officers’ workload
• pre-populating SBA forms and credit memos

Roundtable Agenda

1:00 pm: Introduction and Opening Remarks

1:15 pm: Platform Solutions for Business Lending

• Streamlining business lending: introducing innovative business lending software

2:15pm (break - snacks and coffee)

2:30 pm: SBA and Other Business Loan Guarantees

• Guarantee your guarantee: techniques for working with the SBA and remaining compliant
• Selling SBA loans on the secondary market
• USDA lending
• Other local and regional guarantee options

3:30 pm: Business Lending Strategies and Tactics

• Competing on speed and convenience: the emergence of online business lending
• Strategies and tactics for sourcing business loans
• Findings from our analysis of successful business lending operations
• Benefits of Low Income Designation and business lending

4:00 pm: Next Steps