Martinka Consulting's Getting the Deal Done Podcast cover image

SBA Loan Changes with Lisa Forrest with Live Oak Bank

Martinka Consulting's Getting the Deal Done Podcast

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Introduction

Lisa discusses the recent modifications made by the SBA to their non-real estate loan procedures for business acquisitions, highlighting the uncertainties and significant changes. She provides an overview of the SBA 7A program, explains borrowing limits and the SBA guarantee, compares SBA rules to Live Oak Bank's approach, and offers advice on questions to ask lenders.

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