Join us in this episode of Creative Outcomes as Natalie from Fifth Third Bank's Provide division breaks down everything you need to know about SBA loans.
In this must-watch podcast, discover:
✅ When to consider an SBA loan
✅ Key qualification requirements
✅ How to use SBA loans for business growth
✅ Acquisition financing strategies
✅ Avoiding common loan application mistakes
Perfect for entrepreneurs, small business owners, and anyone looking to understand business financing options!
For more, contact us: https://www.upsourcedaccounting.com/contact-us?utm_campaign=SBALoanPodcast
TIMESTAMPS:
0:00 - Introduction
1:00 - When to Consider an SBA Loan
2:20 - Documentation Requirements for SBA Loans
3:30 - Types of SBA Loan Use Cases
5:15 - SBA Loans: Strategic Growth vs Immediate Cash Needs
6:40 - SBA Loan Qualification Criteria
8:00 - Risks and Personal Guarantees in SBA Lending
9:25 - Handling EIDL Loan Repayment Challenges
12:15 - What to Avoid with SBA Loans
13:40 - SBA Loans for Business Acquisition
15:35 - SBA Loan Benefits Compared to Conventional Financing
17:05 - Steps to Explore SBA Loan Options
19:05 - Current Lending and M&A Market Trends
21:50 - Importance of Banker Relationships
23:50 - Closing Remarks
