The purpose of this two-hour webinar is to provide participants with a good understanding of the loan documentation process. Participants will be exposed to the five steps in the loan documentation process, which include documents to:
- Identifying the Borrower
- Classify, Value and Protect Collateral
- Evidencing the Debt
- Attach the Bank’s Rights to the Collateral
- Perfect the Security Interest Obtained in the Collateral
Each of the five steps requires certain documents to accomplish their respective purpose. The participant will develop an understanding of each of these documents and know when to use them.
What You’ll Learn
- Recognize the documents required to complete the five steps in the documentation process
- Have a good working knowledge of the purpose of each document
- Be able to provide a broad overview and meaning of each loan document’s provisions
- Know the rules of perfecting the security interest under the rules of Article 9 of the Uniform Commercial Code and Non-Article 9 rules
Who Should Attend
This workshop is directed to Loan Officers, Loan Assistants, Loan Operations Staff and Loan Administrators, Loan Review Personnel, Credit Administrators, Senior Loan Officers, Senior Credit Officers, Commercial & Consumer Lenders, Accountants, Attorneys, Chief Credit & Loan Officers.