Loan Documentation

Did you know that your organisation’s ability to collect on a loan could depend on the accuracy and completeness of the loan documents? In the Loan Documentation training program, your team will gain the knowledge and skills they need to improve their documentation techniques and deliver effective loan documents.

Why Loan Documentation?

Loan Documentation teaches lenders how and why to choose and prepare accurate, comprehensive loan documents. Participants also learn to use documentation checklists to assist them in choosing documents for new loans and in diagnosing documentation errors in existing loans.

Who Should Be Trained?

Loan Documentation is recommended for:

• Entry-level lenders and analysts with commercial lending backgrounds
• Experienced lenders who need a documentation refresher
• Documentation specialists, loan assistants, and others who assist the lender in preparing loan documents and obtaining borrowers’ signatures on documents

Delivery Method

To effectively implement Loan Documentation, we recommend one of three approaches: self-study, self-study with mentor, or self-study with workshop. Participants generally need eight hours to complete the self-study. The workshop’s duration is four to six hours, depending on the options selected.

Results

Loan Documentation helps you and your lenders:

• Improve loan quality through more accurate and effective loan documentation
• Reduce risk through an improved understanding of the “whys” behind the choice of loan documents
• Identify situations in which loan documentation must be tailored in order to fully capture the loan agreement

What Is Included?

The Loan Documentation training program consists of a single self-study module and is usually accompanied by a workshop. Loan Documentation teaches participants how to select and prepare loan documents based on the agreements between borrower and lender.

The self-study module includes the following four topics:

• Signing Capacity and Authority
• Basic Documentation
• Supporting and Specialised Documentation
• Documentation for Specific Loan Types

Omega Key Differentiators

• Can be tailored or customised to include the client’s own documentation and documentation processes, legal presentation, etc.
• Available application workshop taught by Omega instructors who are past senior lenders and who are schooled in adult learning
• Allows for a variety of delivery methods, including online or paper-based self-study, digital media, and applications workshops

Learning Method: