Small Business Lending Roundtable: New Orleans
Wednesday, July 29, 2015 | 10 am - 2 pm
LCUL Annual Meeting | Sheraton New Orleans | Southdown Room | 500 Canal Street | New Orleans, LA
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Seats are limited and assigned on a first-come, first-served basis. Please contact Blake Myers at bmyers@inclusiv.org with questions about this roundtable |
The Federation and the Louisiana Credit Union League are pleased to announce 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, USA 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
10:00 am: Introduction and Opening Remarks
10:15 am: Platform Solutions for Business Lending
- Streamlining business lending: introducing innovative business lending software
12:15 pm: Lunch (Lunch will be provided)
1:00 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
1:30 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
2:00 pm: Next Steps
Register today at http://events.constantcontact.com/register/event?llr=ktshzucab&oeidk=a07eb965jtt22f6b53a.