Understanding Commercial Loan Documents – Recording

Description

Duration: 60 minutes

Loan documents are a binding contract between your credit union and a borrower. As one of the final processes in loan closing, understanding loan documentation is essential. Expand your understanding of commercial loans and familiarize yourself with the documents needed to close a commercial loan with this webinar. Learn the specific uses of each form, the general closing process, and the information included in the loan closing package.

The webinar covers various loan documents normally used in a member business loan package such as:

– Promissory Note
– Commercial Loan Agreement
– Guaranty
– Deed of Trust / Mortgage
– Security Agreement
– UCC Financial Statement

Suggested audience: Management, business loan officers, branch managers, and other staff who will close loans with members.

Purchase Terms & Conditions

After the order is approved, you’ll receive an email with links to download the education materials. After you download, you will be able to save the files to your shared network and use the training for your credit union going forward.

Educational materials are proprietary and are not to be shared outside of the purchasing credit union.