SBA Loan Education and Training

Acquire the skills necessary for a career with an SBA loan program office

SBA loan education and training comes from a variety of sources depending upon your level of interest and the position you are seeking. Loan officers who handle SBA loan programs must have special licenses. Other SBA employees, such as those providing disaster assistance to small businesses, must have completed specialized training but do not require certification.

If you are interested in working in Small Business Administration funding but are not sure if it's the right career for you, spend some time reviewing the following information which offers a comprehensive overview of this dynamic field:

1. Secure a degree so you can evaluate and process applications for a small business administration loan.

2. Learn what it takes to become an SBA lending professional who can assist businesses with disaster assistance and business development.

3. Take online courses that educate you as a SBA lender.

Become licensed as a loan officer who can dispense SBA loans

Many SBA loan officers accept applications from individuals seeking to secure funds from banks. Like most financial institutions, the SBA requires its loan officers to have completed a certain number of business and financial courses at an accredited school.

Take classes that prepare you for special positions at offices providing SBA loans

Specialists in disaster assistance must know how to respond when small businesses have been hurt by natural disasters. They must know what kind of public funding the small business is eligible for and how they can assist in the recovery process. Business development specialists become experts in assisting start up businesses that are looking to expand.
Guide to SBA’s Disaster Assistance Programs to learn the SBA’s role in assisting businesses after a disaster. California Disaster Assistance Training is an example of a state government that provides business professionals with specialized knowledge of how they can guide small businesses through the sometimes painful process of recovering after a natural disaster has struck.

Pursue education on small business administration loans

Learn loan processing basics, the regulations governing loan officers and how to work with a variety of loans, such as home mortgages, auto loans, college loans and personal loans.
SBA offers information to help lenders put together a loan package.

• Your SBA loan education and training can begin with an apprenticeship or internship. Contact an SBA office to see if it participates in the SBA internship program.

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