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What You Need to Know About SBA Loans with Lending Expert Jeremy Willes
M&A Murders & Accusations: The Good the Bad and The Ugly of Selling Your Business
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In this episode I interview Jeremy Willes, a lending expert who unveils important upcoming changes to SBA lending and what you need to learn if you are selliing your business and the buyer is using SBA to finance the transaction. For business buyers this episode contains useful information about obtaining an SBA loan.
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Chapters
1. What You Need to Know About SBA Loans with Lending Expert Jeremy Willes (00:00:00)
2. Welcome and Introduction (00:00:03)
3. Our guest Jeremy Willes Introduction (00:00:46)
4. Pull Your Credit Before They Pull Your Credit (00:05:10)
5. Interest Rate is Determined by FICO Score (00:05:24)
6. Broker Versus a Banker (00:06:44)
7. Packaging Loans to Get Approved (00:09:02)
8. Advantages of a Broker (00:11:35)
9. Not All SBA Lending is the Same (00:12:41)
10. Lessons Learned and Take a Ways (00:15:41)
11. Lending Landscape (00:18:53)
12. SBA and Non Banks (00:20:45)
13. New SBA Guidelines (00:22:24)
14. Summary and Outro (00:29:40)
36 episodes