Reduce your anxiety about an SBA audit

Jan. 26, 2011 - PRLog -- Because a successful SBA audit is key to preserving preferred lender status, the prospect of the review can cause a great deal of anxiety. The SBA has announced that in 2011 they will be conducting more lender reviews than in previous years due to concern about credit risk and the hiring of new audit contractors. In this Coleman Webinar on Wednesday, February 2, participants will learn:

•  How likely is a review of my bank in 2011?
• How does the SBA calculate a lender's risk assessment ranking and where do we stand on the list?
• What are the four areas the review covers?
• What are the most common problems the SBA uncovers during on-site reviews?
•  How can the on-site review impact my Preferred Lender status?

Two national experts on SBA lending and audits will be the webinar panelists:

•  Shaun Ahmad, Director, Business Development & Marketing, Ahmad Associates Ltd.
Ahmad Associates Ltd. (AAL) is as an accounting and management consulting firm that specializes in helping financial institutions prepare for government audits. Shaun is an expert on SBA 7(a) and 504  risk-based lender reviews and manages AAL teams that prepare banks and CDCs nationwide for reviews and examinations.

• Bob Coleman, Editor, Coleman Report
Bob is the founder of Coleman Publishing, an online media company covering the small business banking industry, and editor of the Coleman Report, a newsletter covering the Small Business Administration's lending programs. As the nationally recognized expert on small business banking, he has appeared on Fox Business News and CNN and has been quoted by most major financial media outlets including The Wall Street Journal, The New York Times and Bloomberg.

Webinar participation on Wednesday, February 2 at 2:00 EST is available to anyone who would like to participate at a cost of $189 per location. Register at www.colemanpublishing.com. For additional information, contact Bob Coleman at bob@colemanpublishing.com.

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Coleman Publishing is an online media company covering the small business banking industry. The founder, Bob Coleman, is the national expert in small business lending.
Coleman Publishing is your source for the latest news in small business lending.