Credit Unions and SBA Lending What You Need to Know in 2016

Originally recorded on September 16, 2016, 51 minutes

A free recorded webinar brought to you by CUNA Strategic Services and Newtek Business Services Corp.

Credit unions have been allowed to make Small Business Administration (SBA) loans since 2003 – but a lot has changed over the last thirteen years.

If your credit union is considering jumping into SBA lending – or looking to grow your efforts in SBA lending – the team at banc-serv, powered by Newtek Business Services Corp., hosted a comprehensive webinar on what your credit union needs to know before getting started.

The webinar covers:

  • Credit union differentiating characteristics from other lending institutions
  • A history of credit union activity in Small Business & SBA lending
  • Challenges of SBA loans for credit unions
  • Benefits of SBA loans for credit unions
  • SBA lending 7(a) parameters

In addition, learn about how recent and significant regulatory changes is affecting credit union business financing.

Presenter: Karen McHugh is the Manager of Training and Partner Development at banc-serv Partners, which has recently joined the Newtek Business Services Corp. family of companies. She has been in the SBA industry for 30+ years, serving as a lender, a trade association (NAGGL) COO and instructor, consultant, and SBA software designer. 

For more information, contact Brenda Halverson, CUNA Strategic Services alliance manager, at 800-356-9655, ext. 4034, or BHalverson@cuna.coop.

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