Venue
Virtual

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Event Date Wed Jan 12 EST (8 days ago)
Location Virtual
Region Americas
Details

Join CCUA for a program designed for commercial lenders, commercial loan officers and assistants, portfolio managers, underwriters, etc. to better understand the general Member Business Loans (MBL) process.

Overview
common reasons for borrower’s seeking MBLs different types of MBLs and common structures types of necessary due diligence for MBLs that every lender should be sure to obtain

Loan Documents
• identify and walk through the key loan documents that lenders should know about and have an understanding of how they complement one another
• review, breakdown and interpret key terms, conditions and other provisions of core loan documents (like the promissory note, loan agreement, mortgage, security agreement and guaranties) that lenders should focus on when engaging in a loan transaction
• discuss the different perspectives of lenders and borrowers and their respective approaches when negotiating the loan documents

Security Interests in Collateral
• breakdown, explain and interpret what a “security interest” actually is, and why and how lenders obtain them in MBL transactions
• identify and discuss different types of common collateral for MBLs, and the different aspects and nuances of each type of collateral that lenders should be aware of
• explain why and what lenders need to know about the Uniform Commercial Code (UCC) as it relates to MBLs
• explain “perfection” as it relates to collateral for MBLs and how to accomplish it with varying types of collateral

Speakers

2022 Speaker

Devon A. Kinnard
Partner, Sassoon Cymrot Law, LLC