Level 1 - Underwriting Track

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Online  

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Thursday, January 01, 2026 - Thursday, December 31, 2026   iCalendar Central Standard Time

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On Demand Course — Now Available!

Understand what it means to underwrite an SBA 7(a) loan by evaluating a business’s ability to repay debt. This track provides practical insights into reviewing the income statement, balance sheet, and personal and global cash flow.

Fee (per person):

• Members:   $495
• Non-Members:   $695

Overview

The Level 1 Underwriting track builds essential knowledge for underwriting 7(a) loans by evaluating revenues, expenses, and other financial components to determine a business’s ability to repay debt.

Across four courses, learners gain a practical understanding of loan underwriting such as the income statement, how to assess and document collateral, the balance sheet, and aligning loan structure with uses of proceeds. The track is fully on demand, allowing learners to move at their own pace, with 30 days to complete all coursework.

Course 1 – Underwriting and the Income Statement
Course 2 – Underwriting and the Balance Sheet 
Course 3 – Collateral, Guarantors, and Loan Terms
Course 4 – Underwriting and the Use of Proceeds
 

Requirements

No prerequisites are required to take this track. However, it is highly recommended that each learner complete the following courses before beginning this track:

Cornerstones: Introduction to SBA, 7(a) and NAGGL

Foundations in 7(a) Lending

Earn

• 1 of 5 Required tracks to earn the Level 1 Mastery badge
• 1 of 4 Required tracks to earn the Underwriting Specialist badge
• Completion of this track earns 5 CEUs (valid for 24 months from the date of completion)