This course is designed specifically for Intermediaries who are interested in IRP funds.
People in these roles need to fully understand the process and purpose of the program to better market IRP loans, answer questions about IRP loans and support the ultimate recipients. This course has been written to help accomplish that goal.
|Lesson 1: Introduction
Lesson 2: Business Lending and IRP
Explains how IRP fits into the business lending environment.
Lesson 3: IRP Loans
Explains how IRP and Revolving Loan Funds work (characteristics, features and limitations).
Lesson 4: Loans to Intermediaries
Identifies the credit standards an Intermediary must meet and the steps taken to process a loan to an Intermediary.
Lesson 5: Loans to Ultimate Recipients
Identifies the credit standards an Ultimate Recipient must meet and the steps taken to process a loan to an Ultimate Recipient.
Lesson 6: IRP Loan Servicing
Communicates rules and procedures required to service IRP loans, both under routine circumstances and with problem cases.
Lesson 7: Course Summary