Sba lending смотреть последние обновления за сегодня на .
Getting an SBA loan approved can be a tricky process especially if it's your first time doing it. On this Episode of Zero to Profitable Franchise, we talk to Glenn Giro a VP and SBA Loan expert with Huntington Bank. All day every, all Glenn does is help his clients secure SBA Loans. He explains the basics of SBA Loans, along with who can get an SBA loan, and how you can use it to fund your business. This is an episode you MUST watch if you want to know how you can use SBA loans to get your business funded! ✅ You can reach Glenn at Glenn.Giro🤍huntington.com. Tell him you saw him on this podcast! #franchise #franchisebusiness #sba #sbaloan #profitablefranchise #buyafranchise #funding ✅[FREE MASTERCLASS-SPOTS LIMITED] Learn How to Find the Perfect Franchise and Get It Profitable In LESS Than 12 Months! 🤍 ✅[ZERO TO PROFITABLE FRANCHISE PODCAST] Learn the secrets of going from ZERO .....to Profitable Franchise 🤍 ✅Grab my FREE "Zero to Profitable Franchise in Less Than 12 Months". 🤍 ✅ Work with Tariq & his team 🤍 ✅ Free Resources! -FDD (Franchise Disclosure Document) Review Made Easy! (Detailed Guide to Review FDD) 🤍 -10 Questions to Ask Franchise Owners 🤍 -25 Questions to Ask Franchisors 🤍 - 9 Vital Steps BEFORE Buying a Franchise 🤍 ✅Leave me a comment below on any business, or career transition questions you have. ✅Get Funding for your Business! 🤍 Follow me on Social Media FB- 🤍 IG- 🤍tariqjohnsonofficial
Why are SBA Loans a Bad Idea? Say goodbye to debt forever. Start Ramsey+ for free: 🤍 Visit the Dave Ramsey store today for resources to help you take control of your money! 🤍 Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: 🤍 Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): 🤍 • The Ramsey Show (Full Episodes): 🤍 • The Dr. John Delony Show: 🤍 • The Rachel Cruze Show: 🤍 • Anthony ONeal: 🤍 • The Ken Coleman Show: 🤍 • The Christy Wright Show: 🤍 • EntreLeadership: 🤍
SBA RAY is a YouTube Channel for Small Business owners searching for credible information related to SBA 7a Loans for Business Acquisitions, Commercial Real Estate, and Partner Buyouts.
The art of SBA Lending! In this exclusive interview, experienced banking professional Dave Ruby, an expert in Small Business Administration (SBA) lending, shares his insider secrets to success. Drawing from his extensive experience in the field, Ruby provides exclusive insights on how to excel in the world of SBA lending. Discover the strategies, tips, and tactics that have helped him thrive in the industry, and gain valuable knowledge to unlock your own success in small business lending. Don't miss this rare opportunity to learn from a true SBA lending expert. Contact Dave Ruby: druby🤍thebankofhouston.com 🤍 Book your consultation now: info🤍visafranchise.com Apply to be a client: 🤍 00:00 Introduction 02:05 Q&A - Why Are Smaller Community Banks The Lender For Small Businesses? 08:14 Q&A - How Much Time Does It Take To Get Funded? 18:31 Q&A - Do You Have Any Advice For Small Business Owners That Are Struggling To Secure Funding? 20:01 Q&A - What Are Some Red Flags That The Buyer Of The Business Doesn't Pick Up On? 27:27 Q&A - Are There Any Commonalities You See Across Successful Companies? 34:26 Concluding Thoughts #SBALender #DaveRuby #VettedBiz
JUST RELEASED! Massive Change SBA Loans EASIER THAN EVER! This changes EVERYTHING! Super Excited about 2023 and 2024! ►💰 LOANS ONLY (NOT GRANT) Small Business: 🤍 $99 SPECIAL►🏠 Real Estate Masters Course 🏢 🏛 🤍 ►💵 💵 💵 BUSINESS ERC MONEY $26K per Employee ►🤍 ► BUSINESS MASTERS COURSE: 🤍 ► EPIC 99 PARTNER 🤍 FREE MONEY: ►💰LIMITED TIME 15 FREE Stocks MooMoo 🤍 ►💰LIMITED TIME GET 12 stocks WEBULL: 🤍 $99 SPECIAL►🏠 Real Estate Masters Course 🏢 🏛 🤍 ►💰LIMITED TIME GET 6 stocks when Deposit Penny: 🤍 🎥 MORE CONTENT on my Second Channel: 🤍 ►💰 LOANS ONLY Small Business: 🤍 🤸🏽♂️🤸🏽♂️Secrets on How to GET and STAY Motivated: 🤍 MORE GREAT BONUSES: ►Get $10 Dollars in BITCOIN: 🤍 ►Get $10 MORE Dollars in BITCOIN: 🤍 ►My Stock PORTFOLIO + Programs 💯 JOIN ME ON PATREON: 🤍 ►📗BUY MY BOOK THE ORIGIN OF OPPORTUNITY!!!📗 🤍 ►📬 FREE EXCLUSIVE NEWSLETTER 📬 🤍 ►💼🕺SELLING made SIMPLE!📈 💵 💰 💵 🤍 CONTACT ME: 🕺 Facebook: 🤍 Instagram: 🤍 Tiktok: 🤍 📬 Email: Contact🤍andrewcartwright.com NOTICE OF RISK: Content is for News & Entertainment purposes only. Do not make accounting, legal, business, personal or financial decisions based on content provided. ALWAYS CONSULT A PAID PROFESSIONAL. The content provided is owned and expressed by ORIGIN, LLC, a multimedia company. Andrew Cartwright is an employed personality and is not LEGALLY responsible for the following content. The information provided is the opinion of Origin, LLC. Always do your own research and always make your own decisions. STOCK MARKET, BUSINESS, AND REAL ESTATE HAVE HUGE RISK. Andrew Cartwright and/or Capital Velocity may receive compensation for your use of the Products and Services advertised in this content through the use of affiliate links.
Do this to get an SBA loan for your small business and approved status. There are a few different loans with different approval requirements. [FREE Training] How To Start a Six-Figure Business with $250 - 🤍 [Startup Course] Money Smart Startup - 🤍 Subscribe: 🤍 Outline: Intro: 0:00 Quick Info: 0:46 SBA Loan Types: 1:16 Approval Requirements: 2:02 Worth It?: 8:08 Watch Next: 8:46 Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
Too often banks will lure you into the SBA 7a program flaunting its benefits, but hiding its weaknesses until the very last minute leaving the entrepreneur feeling “some type of way.” SBA Ray believes in the opposite. In this video, I share all the pro’s and con’s of the SBA 7a loan program, starting with what I consider to be the 2 least attractive aspects of the program. I’m here to arm you with the facts – the good, the bad, and the ugly – and while the SBA 7a loan is a wildly popular program, it’s not for everyone. After watching this video, you should know one way or the other if the SBA 7a loan is the right financing product for your business. #sba #loan #lending #smallbusiness
Getting an SBA loan could take forever and require tons of paperwork—but not if you work with National Business Capital. Learn how we’ve expedited the timeline and simplified the process to get you low-interest funding in record time! A Small Business Administration-backed loan, or an SBA loan, can help your business to get working capital to accomplish any goal, like expanding, purchasing/refurbishing equipment, taking on new real estate or refinancing an existing mortgage or agreement, and more. Chapters: 0:00 Introduction 0:25 What is an SBA Loan 0:51 Does an SBA Loan have to be Paid Back? 1:07 Two Types of SBA Loans.. What are they? 1:29 SBA 7a Loan 2:08 SBA 504 Loan 3:28 Do SBA Loans Show on your Personal Credit? 3:38 What do you need to Apply for SBA Loans? 4:46 Closing Remarks Want to explore funding options for your business like SBA Loans? click here: 🤍l/SBALoans Subscribe to Joe’s channel: 🤍youtube.com/growbyjoe Learn more about Joe and connect with him here: 🤍 Youtube: 🤍 Instagram: 🤍 LinkedIn: 🤍 Facebook: 🤍 TikTok 🤍 Twitter: 🤍 Disclaimer: The information and insights in this video are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advice from National Business Capital and the speakers. Do not rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely on this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions or mistakes.
Thanks for subscribing! Learn more about SBA 7a loans on Skip here: 🤍 First 100 people to download the Skip app will get a free 7 day Skip Plus trial: 🤍 💸 Enter the latest Skip grants! 🤍 📌 Get special access to our 1-1 funding and business help: 🤍 The SBA has released the biggest change to its SBA 7a loan and SBA 504 loan programs, its flagship lending programs, in decades. In this video, Ryder talks about what's changed when it comes to increasing SBA 7a lenders, reducing red tape, and how you as a business owner can benefit from these changes. Do you plan on applying for or reconsidering SBA funding, including 7a loans? Share in the comments! Find us in the App Store! 🤍 And Google Play! 🤍 Want to stay up to date on the latest information? Be sure to follow us! PLEASE SUBSCRIBE AND PRESS THE BELL🔔ICON ➡️ 🤍 Facebook ➡️ 🤍 Twitter ➡️ 🤍 Instagram ➡️ 🤍 TikTok ➡️ 🤍 Visit our website ➡️ 🤍 Want to become a Skip partner or collaborate with us? Email us partners🤍helloskip.com Have topics, news, or information relevant to Skip? Email us tips🤍helloskip.com Other funding options: 💰 Up to $250K in credit lines with Bluevine: 🤍 💰 Up to $500K with Funding Circle here: 🤍 💰 Up to $150K with Fundbox here: 🤍 💰 Up to $750K with Fora here: 🤍 Employee Retention Credit up to $26K per employee: 🤍 SBA 7A loans and other SBA funding: 🤍 Disclaimer: 📌 The content in any of Skip’s YouTube videos or this website shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. For more information visit 🤍 and 🤍 Music Attribution: 🤍 #grants #loans #funding
Don't be scared to invest in commercial property with an SBA loan, you can make so much money! NEW UPLOADS EVERY TUESDAY & THURSDAY AT 3:30PM PDT DOWNLOAD OUR FREE RESOURCES ASSIGNMENT CONTRACT - 🤍 AGREEMENT PURCHASE - 🤍 COLD CALLING REBUTTALS SCRIPT - 🤍 COLD CALLING SCRIPT - 🤍 SUBSCRIBE! FOLLOW ME: Instagram: 🤍 Facebook: 🤍 TikTok: 🤍 Website: 🤍 NOT INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE #realestate #investing #realestateinvesting #houseflip #finance #business #loan #lasvegas
Welcome to my channel and in today’s video, I am going to answer the question "Pros and Cons of SBA Loans?". ▶️ Visit to know more: 🤍 Each week, I answer questions asked by our viewers on topics pertaining to commercial real estate. If you're interested in having your question answered, feel free to email me. ▶️ raphael🤍grisantigroup.com ▶ With the subject line of "Weekly CRE Question" In this video, I highlight the pros and cons of SBA Loans. The U.S. Small Business Administration is a United States government agency that provides support to entrepreneurs and small businesses. Contrary to popular belief, the SBA does not loan money to businesses. It guarantees a portion of the loan, thus, reducing risk for lending institutions. Some of the pros and cons of the loan program include: ✅ Ability to qualify - may fund businesses/start-ups that can't qualify for conventional financing. ✅ Longer down payment requirements - down payments as low as 10%. Conventional financing ranges from 15-40% down payment. ✅ Longer amortization periods - Conventional loans typically have amortization periods of 15-20 years while SBA offers up to 25 years. ❌ Slow Processing - can take 3-6 months to process a loan. ❌ SBA Fee - typically a 1-2% fee is charged on the front end of the loan ❌ Often require a personal guarantee - If you're unable to pay your business loan, the lending institution and SBA can come after your personal assets. If you determine that seeking an SBA loan is right for you, I highly recommend you work with an SBA preferred lender. This is because their underwriting process is approved by the SBA, thus, reducing the time it takes to process the loan. If you're interested in buying, leasing, or selling commercial real estate, I'd be happy to help! I look forward to helping you reach your real estate goals! If you like the video, please SUBSCRIBE, and don't forget to press the bell 🔔, 👍like, comment and share. Stay safe and Love all. - ▶️ If you're interested in leasing, buying, and/or selling commercial property in the Louisville metro area, I would love to help! ▶️ Check out my Website: 🤍 ▶️ Email me: raphael🤍grisantigroup.com ▶️ Call/Text me: 502-536-7315 ▶️ FREE REAL ESTATE GUIDES: 🤍 ▶️ Follow me on: • Meetup: 🤍 • Instagram: 🤍 • Facebook: 🤍 • LinkedIn: 🤍 - ▶️ Other Videos: • Top 4 thing to consider (retail property): 🤍 • How to purchase investment property: 🤍 • Rookie to Real Estate Rockstar: 🤍 • Finding and Funding Great Deals: 🤍 - ▶️ Commercial Real Estate Investment Analysis: To watch a great video on how to analyze commercial investment deals, check out the link provided here: 🤍 #commercialproperty #commercialrealestate #commercialdeals #commercialrealestatedeals #RaphaelCollazo #sba #sbalending #CREProperty #sbaloan #sbaloans #sba7a #7a #7aLoan #504 #504Loan #SBA504 #Louisvillecommercialrealestate #louisvilleky #louisville
Is your head spinning because there are SO many options for lenders that handle SBA loans and you don’t know where to start? Also, just like you wouldn’t hire a plumber to fix your car, getting the wrong type of lender can affect your business negatively. The hard part is choosing the right lender! That’s exactly what this Maverick Minute is all about: TOP SBA Lenders According to the SBA! * Starting the week of April 6th, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6 months of economic injury with a max loan amount of $150K to: up to 24 months of economic injury with a max loan amount of $500K. _ Also, if you want more information and resources geared toward small business owners during this Coronavirus (COVID-19) pandemic, please check out the resource hub we’ve created: 🤍 _ RESOURCES & LINKS MENTIONED IN THIS VIDEO: 1. 🤍merchantmaverick.com 2. 🤍 3. How to apply for an SBA loan: 🤍 6. Video editing: Sergey Tyurin 7. Music: Music: Royalty-free music TrackTribe - Recess from YouTube Audio Library (main theme) + Sound Effects - Video Copilot pack 🤍videocopilot.net/products/motionpulse/ And 🤍storyblocks.com/audio/ 8. script: Julie O'Maley 9. Our Blog: 🤍 10. Like, Share the video: 🤍 11. Subscribe: 🤍 Say hi on social: Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 Pinterest: 🤍
Are you looking to start a business and would like to know who are the top 5 SBA lenders are in the country? In this video, I will break down what banks and lenders are listed in the top 5 based on the SBA.gov website, the total amount of loans they generate, and the typical loan size. SBA REPORT 🤍 #5 Newtek - 🤍 #4 U.S Bank- 🤍 #3-Wells Fargo- 🤍 #2- TD Bank- 🤍 #1- The Huntington Bank-🤍 💰Free Business Checking Account: NOVO-🤍 ✅ Quickbooks Online 🤍 ✅ Business Plan Course: mystery-of-money.teachable.com ✅ Schedule Business Coaching: 🤍 ✅ Need a business plan written? 🤍 : Help the channel out, it's free 💰 🤍 Subscribe Here! 🤍 DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! *This video is for educational purposes only, always consult your attorney or accountant for specific advice when borrowing money or signing any contracts. This channel represents only my opinions and not any of my past, present, or future employers.
Securing am SBA loan allows regular people access to capital, but it can be confusing... Deal Calculator & Free M&A Training: 🤍 Invest alongside Jason here: 🤍 Linkedin: 🤍 Instagram: 🤍 Facebook: 🤍 #mergersandacquisitions #jasonpaulrogers #finance
Congressman Roger Williams (TX-25), Chairman of the House Committee on Small Business held a full committee hearing to examine the Small Business Administration's (SBA) rules that make changes to their flagship 7(a) lending program.
Did you know that every SBA loan comes with a guarantee that allows SBA lenders to take a chance on your loan? But do you know how that works and how much it costs? In today’s video we’ll discuss all you need to know about the SBA guarantee program? #SBA #SBA7aLoan #LeoLandaverde 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 Click on the link below and it is just a few simple steps you can apply directly with Fora Financial through my partner link. Just a simple steps just follow the link below: 🤍 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 Click on the link below to download a FREE COPY of my BEST SELLING BOOK: THE UNBREAKABLE MINDSET: 🤍 Click on the link below to download a FREE COPY of my popular SCALE GROWTH PLAN + FINANCIAL PROJECTIONS template 🤍 -🔻What to Watch Next🔻- 💰💰 How to Sell a Business for Millions 🤍 💰💰 How to Buy a Business 🤍 💰💰 How to Grow a Business 🤍 🏘 How to Finance Your Business 🤍 💰💰 SBA Loans 🤍 -🔻Connect with Me on Social Media🔻- Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 LinkedIn: 🤍 🗣 Interact with me on a personal level! Facebook group: 🤍 Have specific questions? Comment below or email me directly at leo🤍greenlandhq.com Link to this video: 🤍 TWEET THIS VIDEO: 🤍 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 Hey Leo here, bringing you business tips, business advice and motivation on a weekly basis. If you want to learn how to grow a business or scale a business without sacrificing profit, this is the place for you. ✅ SUBSCRIBE to my Channel here: 🤍youtube.com/leolandaverde 🤍leolandaverde
Are you looking to get SBA Loans In 2023? In this video, I am going to go over what changes there are in the SBA program for the 2022-2023 operating year, how these changes impact your loan ability, and the great reasons why now could be an excellent time for you to apply. #sba #smallbusiness #smallbusinessloans 💰Free Business Checking Account: NOVO-🤍 ✅ Quickbooks Online 🤍 ✅ Business Plan Course: mystery-of-money.teachable.com ✅ Schedule Business Coaching: 🤍 ✅ Need a business plan written? 🤍 : Help the channel out, it's free 💰 🤍 Subscribe Here! 🤍 DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! *This video is for educational purposes only, always consult your attorney or accountant for specific advice when borrowing money or signing any contracts. This channel represents only my opinions and not any of my past, present, or future employers.
SBA’s Lender Match tool brings together entrepreneurs and SBA Lenders to help increase access to capital.
Get all the facts about SBA Loans‼️ If you are a business owner like me and looking for more opportunities to grow your business, a SBA loan may be for you. #sbaloans #smallbusinessowner #smallbusiness #multifamily
🤍 Do you need financial help starting or expanding a business? The U.S. Small Business Administration (SBA) offers loan programs* especially designed for business owners looking for options beyond the traditional bank loan. During this free webinar, a panel of Nevada-based experts provide insights on the fundamentals of SBA lending programs for your financing needs. Watch this webinar to learn: • What you need to know before applying for an SBA loan • Which SBA program would best suit your business • What to do before you meet with your banker • What changes have been made recently to SBA programs Moderated by Carolyn Crockett, Senior Vice President and SBA Manager, Nevada State Bank, the panel includes : • Edward Cadena, District Director, U.S. Small Business Administration's Nevada District • Evan Dickson, Business Development Officer, Nevada State Development Corporation • Paige Zeigler, Co-Owner, Off The Wall Signs and Graphics, an SBA loan recipient This FREE interactive online event is part of a series of webinars sponsored by NevadaSmallBusiness.com in association with Nevada State Bank. The webinar "Insights: Fundamentals of SBA Lending" is offered for informational purposes only, and should not be construed as legal or other professional advice. Consult with an attorney or other
Small-midsized businesses can use SBA 7(a) loans for a variety of projects such as owner-occupied commercial real estate, business acquisitions, partner buyouts, and plenty more. But there are also things you CAN'T use SBA loans for. In this video, I cover both. And, I go over how to structure your loan request using the banker's lingo so the small business owner can have the highest chances of success.
Is your company growing faster than you can financially keep up with? It might be time to consider SBA lending. Check out these signs it's time to get the loan. 20% of small businesses in America fail in their first year. A critical contributor to this failure is the lack of adequate funding for operations. As a small business owner financing can make or break your firm. The government through the Small Business Administration (SBA) seeks to support the growth of small businesses through SBA lending. The SBA guarantees loans given to entrepreneurs by its partners to reduce the risk of default. If you are looking to support the growth of your small business here are signs that SBA loans might be what you need. If you are facing an SBA loan default, contact us today for a FREE initial consultation with an experienced SBA workout attorney at 888-756-9969 or find us at 🤍. We will analyze your SBA loan problems and advise you on potential solutions such as an SBA offer in compromise for your SBA loan default.
For more information on SBA Loans please visit us at 🤍 SBA stands for the Small Business Administration and is an independent agency under the US government. These programs are operated through private-sector lenders including banks that provide loans which are, in turn, guaranteed by SBA. The Small Business Administration was created in 1953 to protect the interests of small businesses, preserve competitive enterprise, and strengthen the economy. SBA helps small business owners remain the engine of the United States by offering higher LTV’s and lower DSCR’s requirements than most conventional loan products. Properties that fall under SBA are as follows: -Hotel/Motel -Industrial/Warehouse -Medical/Healthcare -Mixed Use -Office -Retail -Self-storage - SBA loans can also be used for equipment and working capital. There are two SBA products that are very popular. There is the General Small Business Loans known as SBA 7(a) which can be used for real estate, working capital, and or equipment. There is also the SBA 504 program that is typically utilized for real estate and equipment financing. Term length and amortization ranges widely and is dictated by the lender on the 1st mortgage. Maximum LTV is 90% for an SBA loan (under the SBA504 program.) The SBA 504 program puts a second mortgage in place with attractive fixed rates for 10 and 20 yrs. Terms and amortizations can usually go up to 20 and even 25 years in some circumstances. SBA loans are always recourse which means that a personal guaranty for the repayment of the loan is required. Prepayment structures can vary greatly, depending on how the lender decides to structure the loan. SBA504 has usually a declining prepayment penalty on the 2nd mortgage that will match the term of the loan. We will explain the SBA7a and 504 programs in further detail on our next video series. For more information please visit us at 🤍 You may contact us at 800-687-0797 CLD Capital, Inc. 3399 Peachtree Rd NE Suite 1750 Atlanta, GA 30326
For more information on SBA Loans, watch our video series here: 🤍
Congressman Roger Williams (TX-25), Chairman of the House Committee on Small Business, gaveled in a full committee hearing titled "Taking on More Risk: Examining the SBA's Changes to the 7(a) Lending Program Part II."
SBA 7a Loans for Business Acquisitions In this first episode of the series, Beau talks with Ray Drew about SBA 7(a) loans, specifically for use as a business acquisition tool. Did you know that you can finance 90 percent (or more) of total business acquisition cost with an SBA 7a loan? You can! ⚡ Before you do ANYTHING, book a call with Beau if you're thinking about getting an SBA loan. Beau works with a select few SBA lenders and can save you a lot of time, money, and heartache by finding the right lender for you - book a discovery call with Beau here - 🤍 Ray offers up a bunch of knowledge about the SBA 7(a) loan program. He really hones in on the nuts & bolts of the program and offers an insider's view of how to fully leverage your investment so that you can get the best financing possible. Stay tuned for the next video - 🤍 You can also watch the entire playlist here - 🤍 About Ray Drew Ray Drew has dedicated his entire professional career to helping small business owners navigate through the intricacies of SBA borrowing. His job is to structure a customized loan solution that meets the unique needs of the business and guide the entrepreneur through the process. Prior to joining Fund-Ex Solutions Group, Ray spent 6 years helping a start-up SBA 7(a) lender grow to one of the top SBA lenders in the country. His specialties include Owner-occupied Commercial Real Estate, Childcare Centers, Franchises, and other Change of Ownership transactions. Ray was named Emerging SBA Lender of the Year in 2018 and SBA BDO of the Year in 2019 by the SBA industry’s leading trade publication. He currently serves as Chairman of the board for the Florida Association of Government Guaranteed Lenders. On his Podcast, The Art of SBA Lending, Ray likes to say he eats, sleeps, and breathes SBA lending. 📺 Subscribe to this channel - 🤍 Then click on the 🔔 to get notified every time we upload a new video! Did you know I had an email newsletter? I do! And you can join for free and get all my updates, including notifications when I publish a new video. Sound good? Click here - 🤍 💥 Thanks for watching 💥 #SBA7a #SBABusinessAcquisition _ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending. _ 🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects. About the Channel: Want to structure your investments in the right and secure way? Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein. Keywords sba construction loans
This is the first of two webinars hosted by NCUA and SBA. William Briggs, Senior Advisor in the SBA’s Office of Capital Access, and Dianna L. Seaborn, Director, SBA Office of Financial Assistance discussed: A brief history of the SBA SBA benefits to the borrower and to the credit union An overview of SBA programs How offering small business loans may align with your credit union’s mission
What is a Non-Bank SBA 7a Lender (SBA 7a loans)? In this second episode with Ray Drew, Beau and Ray talk about non-bank SBA 7(a) lenders. (You can watch the first video in the series here - 🤍 You may ask, "What is a non-bank SBA lender?" In short, it's NOT a bank. But more importantly, they are direct lender but not under all the rules as an FDIC-insured bank. They have more flexibility than a traditional bank. The best non-bank lenders are "Preferred Lender Partner" (or PLP) is the most desirable accreditation a lender can receive. PLP lenders can offer the full range of SBA loan products and have the authority to make final credit decisions, which simplifies and speeds up the loan approval process for everyone involved. ⚡ Before you do ANYTHING, book a call with Beau if you're thinking about getting an SBA loan. Beau works with a select few SBA lenders and can save you a lot of time, money, and heartache by finding the right lender for you - book a discovery call with Beau here - 🤍 About Ray Drew Ray Drew has dedicated his entire professional career to helping small business owners navigate through the intricacies of SBA borrowing. His job is to structure a customized loan solution that meets the unique needs of the business and guide the entrepreneur through the process. Prior to joining Fund-Ex Solutions Group, Ray spent 6 years helping a start-up SBA 7(a) lender grow to one of the top SBA lenders in the country. His specialties include Owner-occupied Commercial Real Estate, Childcare Centers, Franchises, and other Change of Ownership transactions. Ray was named Emerging SBA Lender of the Year in 2018 and SBA BDO of the Year in 2019 by the SBA industry’s leading trade publication. He currently serves as Chairman of the board for the Florida Association of Government Guaranteed Lenders. On his Podcast, The Art of SBA Lending, Ray likes to say he eats, sleeps, and breathes SBA lending. 📺 Subscribe to this channel - 🤍 Then click on the 🔔 to get notified every time we upload a new video! Did you know I had an email newsletter? I do! And you can join for free and get all my updates, including notifications when I publish a new video. Sound good? Click here - 🤍 💥 Thanks for watching 💥 #SBA7a #PLP _ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending. _ 🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects. About the Channel: Want to structure your investments in the right and secure way? Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
On my recent podcast with Glenn, we talked about all things SBA loans. One of the more interesting discussions we had was about all the different uses for an SBA loan... Have you ever used an SBA loan before? If so, for what? Comment below! #franchise #franchisebusiness #bluemoonestatesales #profitable franchise #buyafranchise ✅[FREE MASTERCLASS-SPOTS LIMITED] Learn How to Find the Perfect Franchise and Get It Profitable In LESS Than 12 Months! 🤍 ✅[ZERO TO PROFITABLE FRANCHISE PODCAST] Learn the secrets of going from ZERO .....to Profitable Franchise 🤍 ✅Grab my FREE eBook: "Zero to Profitable Franchise in Less Than 12 Months" ( This will help you make money FAST!) 🤍 ✅ APPLY TO WORK WITH TARIQ 🤍 ✅ Free Resources! - FDD (Franchise Disclosure Document) Review Made Easy! (Detailed Guide to Review FDD) 🤍 - 10 Questions to Ask Franchise Owners 🤍 - 25 Questions to Ask Franchisors 🤍 - 9 Vital Steps BEFORE Buying a Franchise 🤍 ✅Leave me a comment below on any business, or career transition questions you have. ✅Get Funding for your Business! 🤍 Follow me on Social Media FB- 🤍 IG- 🤍tariqjohnsonofficial
Track and apply for SBA 7A funding here: 🤍 Want more funding options? Start a free 1 week trial of Skip Plus: 🤍 Learn more about SBA 7A loans at 🤍 The House Committee on Small Business will hold a hearing titled “Taking on More Risk: Examining the SBA’s Changes to the 7(a) Lending Program Part I.” The purpose of this hearing is to examine the Small Business Administration’s (SBA) rules that make changes to their flagship 7(a) lending program — the changes are geared toward increasing access to loans for small businesses across the US 📌 Get special access to our 1-1 funding and business help: 🤍 💸 Enter our latest grants! 🤍 Find us in the App Store! 🤍 And Google Play! 🤍 Want to stay up to date on the latest information? Be sure to follow us! PLEASE SUBSCRIBE AND PRESS THE BELL🔔ICON ➡️ 🤍 Facebook ➡️ 🤍 Twitter ➡️ 🤍 Instagram ➡️ 🤍 TikTok ➡️ 🤍 Visit our website ➡️ 🤍 Want to become a Skip partner or collaborate with us? Email us partners🤍helloskip.com Have topics, news, or information relevant to Skip? Email us tips🤍helloskip.com Other funding options: 💰 Up to $250K in credit lines with Bluevine: 🤍 💰 Up to $500K with Funding Circle here: 🤍 💰 Up to $150K with Fundbox here: 🤍 💰 Up to $750K with Fora here: 🤍 Employee Retention Credit up to $26K per employee: 🤍 SBA 7A loans and other SBA funding: 🤍 Disclaimer: 📌 The content in any of Skip’s YouTube videos or this website shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. For more information visit 🤍 and 🤍 Music Attribution: 🤍 #grants #funding #sba #congress
A panel of local lending discuss unique ways to use financing from the U.S Small Business Administration that you may not have considered.
SBA Loan Officers | Underwriting EIDL LOAN INCREASE Request. Here's an example of how an SBA loan officer is overreaching on what they are requesting from a business owner in order to get the EIDL funding they need for their business to survive beyond COVID. 🚦Comment & question from viewer: I received a long list of items my loan officer wants submitted. Among them is the following: - Statement of Information for 2018 and 2019 with your state(registration). - A statement of what’s your loan increase request. - Copies of business contracts for the year 2018 and 2019. 🛑TREVOR's Response as a trained loan officer for 30+ years: Respectfully and politely push back on the loan officer. Call the loan officer, and ask this question, “why do you need so much detailed information about 2018?“ Tell him or her: “It is my understanding that the EIDL program is based upon your 2019 gross revenue and cost of good sold.” When a loan officer at SBA is asking for all this other detail, in my opinion as a loan officer, the loan officer is overreaching, and worse is underwriting your EIDL COVID-19 financing request like a traditional SBA loan. We’ve seen this several times because SBA has reallocated human resources to the increase program. Alas many times these loan officers are asking for too much information. The bottom line is the SBA has to get this money into your hands in the quickest way possible. Making you jump around looking for all kinds of documents from three years ago is absurd. That’s what I would do as a loan officer, that is what I have done so far for our clients, and that is what you should do. Be polite but I asked a question why do you need these things? Same thing with the request for the loan increase. It seems like the loan officer is asking you to do her job for her. Don’t do it. Send her a letter saying I request a maximum that can be offered to me and sign it and date it. - Want to get ahead of easy mistakes to make in business, visit our podcast: 🤍 Tired of your EIDL loan being DECLINED, check out our ROAD MAP: 🤍 Plan and prepare for an EIDL approval (REVENUE PROJECTIONS): 🤍 How & WHY to Submit A PRISTINE document package to the SBA: 🤍 10 TIPS when applying for Disaster Financing: 🤍 VISIT OUR YOUTUBE COMMUNITY PAGE: 🤍 IF OUR INFO has been useful, helpful & productive, please consider leaving us a GOOGLE REVIEWS so other business owners find this channel for SBA EIDL information: 🤍 🤍 💥 We are Business Financing Brokers and Disaster Financing Specialists. We help you get cashflow into your business so you can run your business. Financing Solutions to Build Your Business. We are not a lender nor do we represent the SBA. Our recommendations and suggestions are based on our 30+ years of experience with a Government loan program. Our role as your financing Broker is to review all relevant documents, including a credit report, in the early stages of your request, before the application, before we've even started conversing with a Bank/Lender. #Shorts #EIDLLoanIncrease #EIDLIncrease #EIDLLoan #SBAEIDLLoan
SBA 7(a) loans require personal guarantees from anyone who owns 20% or more of the business, but it doesn't stop there. Guarantors may also be required to pledge "all available collateral." It's important to understand the difference between SBA requirements and the requirements of the specific lender with which you're working. In this video, SBA Ray exposes the truth about SBA 7a Collateral requirements so don't get taken advantage of by the bank.
Over next few weeks, Lenders including Banks and FinTechs are likely to be swamped with loan forgiveness requests from Borrowers as part of the SBA Paycheck Protection Program (PPP). The UiPath solution built on Document Understanding and a combination of Attended and Unattended automation quickly enables banks to process these requests from borrowers, particularly for the steps as shown in the demo: 1) Verifying the full-time equivalent (FTE) employees on payroll and pay rates, for the period. 2) Verifying eligible interest, rent, and utility payments. 3) Updating loan booking systems and notifying borrowers. 4) Bolstering self-service and virtual channels, including a bank’s chatbots, to be more responsive.
Representatives from the NCUA’s Office of Credit Union Resources and Expansion and Examination and Insurance, SBA’s offices of Financial Assistance, Financial Program Operations, and Credit Risk Management discussed prudent steps credit union lenders can take to preserve their loan guarantees through the origination, servicing, and lender review cycles. NCUA’s Office of Credit Union Resources and Expansion supports low-income-designated credit unions and credit unions interested in a low-income designation; minority credit unions; credit unions seeking changes in their charters, bylaws, or fields of membership; and groups organizing to start new credit unions.