Description
As a financial advisor, understanding Small Business Administration (SBA) loans is crucial for helping your small business clients secure affordable financing for growth, acquisitions, and expansion. With competitive terms and lower down payment requirements, SBA loans can be a powerful tool for funding everything from working capital to commercial real estate. However, navigating the complexities of the SBA 7(a) and 504 loan programs requires specialized knowledge.
Join our experts to gain a deeper understanding of SBA loans as a strategic financing solution and learn to leverage these programs to add more value to your client relationships.
Learning Objectives
Explain the roles and purposes of the SBA 7(a) and 504 loan programs in helping small businesses grow.
Compare and contrast the structures, eligible uses, and funding processes of the 7(a) vs. 504 loans.
Guide clients through eligibility requirements and outline what can and cannot be financed under each program.
Advise clients on SBA loan options for business acquisitions and partner buyouts, including asset vs. stock transactions.
Navigate the underwriting, equity injection, and closing processes to streamline loan approvals for clients.