Commercial Loan Documentation (4-to-6-hours paper-based self-study course)

How to guard against losses caused by incomplete documentation

Course Overview
Commercial Loan Documentation (Self-Study), in book format, provides commercial lending and credit professionals with the skills to ensure legal compliance in the lending arrangement. Participants will strengthen customer relations by demystifying the legal process and will protect their organizations from unnecessary losses caused by incomplete documentation.

This course includes the latest revisions to Article 9 of the Uniform Commercial Code.

Who will benefit?
This introductory course is designed for anyone who needs to develop or improve loan documentation skills as they relate to commercial lending.

You will:

• Establish the importance of completely and accurately documenting commercial loans.
• Determine the required authority documentation and where to obtain it for sole proprietors, partnerships, corporations, limited liability companies, nonprofit associations, trusts, and estates and guardianships.
• Identify the legal requirements for documents usually contained in a basic loan documentation package.
• Determine what a bank must do to take and perfect security and mortgage interests in various types of property to secure its loans.
• Identify the documentation requirements imposed by federal regulations.

How can you take this course?
RMA makes it easy for you to access this course. We offer Commercial Loan Documentation as a self-study.

Participant’s Manual, product #600551
RMA members $150
Nonmembers $180

In addition, this topic is offered as an open enrollment course.