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SBA Loan Changes with Lisa Forrest with Live Oak Bank
Manage episode 365881872 series 2864315
Lisa Forrest with Live Oak Bank discusses the sweeping changes in the May 2023 SBA Standard Operating Procedures. We discuss SBA 7A loan business acquisition loan basics plus changes to:
Life insurance requirements
Buyer equity (cash) injection to the deal
Seller equity post-close (now allowed)
The seller's role post-close
This podcast will make you quite knowledgable about SBA loans.
John Martinka
Jessica Martinka
Contact us via either website or give us a call and be sure to check out our videos
https://nokomisadvisory.com/
https://www.martinkaconsulting.com/
https://www.youtube.com/c/JohnAMartinka/videos
425-515-4903
129 episodes
Manage episode 365881872 series 2864315
Lisa Forrest with Live Oak Bank discusses the sweeping changes in the May 2023 SBA Standard Operating Procedures. We discuss SBA 7A loan business acquisition loan basics plus changes to:
Life insurance requirements
Buyer equity (cash) injection to the deal
Seller equity post-close (now allowed)
The seller's role post-close
This podcast will make you quite knowledgable about SBA loans.
John Martinka
Jessica Martinka
Contact us via either website or give us a call and be sure to check out our videos
https://nokomisadvisory.com/
https://www.martinkaconsulting.com/
https://www.youtube.com/c/JohnAMartinka/videos
425-515-4903
129 episodes
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