ThinkSBA

Nationwide SBA 504 & 7(a) loan brokerage serving business owners and entrepreneurs purchasing CRE, acquiring a business or franchise or buying out a partner.

[ThinkSBA @ThinkSBA]

Schedule a call with Ryan today to discuss your new venture via his calendar at https://t.co/z5E33WfaV5

[Ryan Smith @MySBAPro]

This Friday, I’m recording a new podcast:

How a Banker Bought a Business

After 20 years in banking, I’ll walk through exactly how I evaluated an acquisition, structured the deal, assessed the risk, and executed the purchase.

I’ll also answer a question I’ve been getting a lot:

What am I doing with the money I’m making from buying that business?

I’ll share my strategy, my reasoning, and what’s next.

If you’re an entrepreneur, investor, or banker, you won’t want to miss this.

https://t.co/VzCg0YCSVw

[ThinkSBA @ThinkSBA]

In addition, with three partner working with only one bank and not multiple lending instructions made the transaction incredibly less stressful.

[ThinkSBA @ThinkSBA]

Law Firm located in downtown San Diego seeking low interest rate to purchase owner occupied real estate with three partners seeking the best interest rate and terms.

[ThinkSBA @ThinkSBA]

They had been recommended to seek 504 financing but in this particular scenario a 7(a) fixed for 25 years made more sense providing the lowest interest rate, shortest prepayment penalty and lowest fees.

[ThinkSBA @ThinkSBA]

Want to learn how SBA lenders really evaluate deals, structure loans, and save borrowers money?

Visit my YouTube channel for weekly insights on SBA lending, business acquisitions, commercial real estate financing, and deal structuring:

https://t.co/Mwy7XASltH

[ThinkSBA @ThinkSBA]

This borrower called me with a commitment letter from a top-five national bank. I told him I would review the file and determine whether I could materially improve the interest rate and loan terms.

[ThinkSBA @ThinkSBA]

This is why it pays to get a second opinion before signing a commitment letter—even when it comes from a major national bank. The right loan structure can have a massive impact on your cash flow, flexibility, and long-term success.

[ThinkSBA @ThinkSBA]

They surround themselves with people who complement their strengths.

The smartest business owners don't try to know everything.

They build a team that does.

[ThinkSBA @ThinkSBA]

One uninsured event can be devastating.

Cyber insurance deserves special attention.

Small businesses are increasingly targeted by:

• Data breaches
• Ransomware
• Fraud
• Business email compromise

The cost of recovery can be enormous.

[ThinkSBA @ThinkSBA]

• Insurance advisor
• Benefits specialist
• HR consultant
• Commercial banker
• Financial advisor
• Business finance advisor

No business owner can be an expert in everything.

The most successful entrepreneurs recognize that early.