SBA

searcher profile

August 22, 2023

by a searcher in Chicago, IL, USA

I am interested in learning about the 7a SBA program. What are the best resources to learn about the program and the requirements of pre qualification and the process?

Are the seminars or videos available? Or is it best to connect with a Bank to understand what the process is?
Any help would be much appreicated. Thank you.

2
7
121
Replies
7
commentor profile
Reply by a lender
from Belmont University in Nashville, TN, USA
I am a loan officer at Live Oak Bank on a team that is focused on providing SBA financing across all industries nationwide. Live Oak is the #1 SBA 7(a) lender by dollar volume amount for FY 2022.* We also offer combination financing for capital needs above $5 MM for business acquisitions of companies with an enterprise value of $7–10 million and potentially higher. In my role as vice president of small business lending, I am focused on building the Live Oak brand, as they provide capital to entrepreneurs nationwide with loans backed by the U.S. Small Business Administration (SBA) and Department of Agriculture (USDA). Here are some resources that I can share if you would like to provide an email. • Acquisition Process Overview • Expansion Through Acquisition Overview • Acquisition Guide • Acquisition FAQs Let’s find time to connect — I look forward to discussing how we can achieve more together. Lane Rhodes Vice President M###-###-#### E. redacted
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I would be more than happy to jump on a call with anyone looking at the SBA loan programs and specifically the SBA 7A loan program. I have been in lending for over 25 years and have substantial experience with the SBA programs. Our firm, Commercial Lending X, is a bank consulting and Commercial Loan Brokerage shop with over 500 lending partners and over 50 SBA lending partners. I can certainly share resources if you are interested as well as talk through both the positives and negatives of the programs at any time. You can reach me here or directly at redacted
commentor profile
+5 more replies.
Join the discussion