Deb Curtis is a small business funding expert who helps employees to leave corporate life and become a business owner

@DebCurtis is on a mission to grow small business ownership. She has rich experience lending to small businesses. This experience spans big banks, regional banks, non-banks, and community banks. She's the founder of @curtissmallbusinessfinancesolutions  a @smallbusinessadministration lending specialist. 

The SBA loan guarantee scheme enables businesses to be purchased with finance against the cash flow of the business. It's an innovative scheme that makes small business ownership more obtainable and helps drive higher rates of business transition.    

In our discussion we cover:

• how the scheme:
  • helps business buyers
  • allows existing baby-boomer business owners to more easily sell their business or retire by enabling a qualified buyer to take over without the worries of finding 'traditional' financing collateral i.e. personal real estate
  • enables lenders to fund businesses that have variable 
  • cash flow
• the application process for getting approved and criteria for getting qualified
• why it’s so challenging to fund small businesses in Australia due to feasibility differences compared with medium or large businesses
• what owners need to do in order to maximise their chances of successful funding
• why we need to support small businesses as important factors in our local economies
• why with such limited options for cash flow lending and lending to small business generally there's a need for a similar scheme in Australia
• how to promote an environment that enables individuals to buy an established business through government policy initiatives to continue to grow the next generation of small business owners

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Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.

michael.kerr@kerrcapital.com.au

www.ownertoownerpodcast.com.au