Bomb Proofing Your Commercial Loan Documentation

Commercial banking staff often manage multiple loan types, each with unique documents, terms, and collateral. The speed of closing combined with last-minute document delivery increases the risk of errors, putting your bank at significant risk. 

A small mistake in a loan closing package can lead to serious consequences, including the inability to enforce defaults, improper collateral control, or failure to meet reporting requirements. It's crucial that every document in the package is flawless, every time.

This session will explore the different loan types and their required documents, highlighting the critical areas that must be correct in each closing package. Attendees will also gain a clear understanding of the purpose of each document and learn best practices for ensuring smooth, error-free closings every time. 

Learning Objectives:  

• Understand different loan documents. 
• Learn best practices to ensure a seamless closing process.  
• Identify key areas of a loan package. 

Duration: 60-minutes 

Recorded on May 1, 2025.