5-2-23 - Types of SBA Loans and Basic Eligibility Requirements

FEATURESmall Business Administration, or SBA, loans play a critical role in financing many small companies.  In this episode, we discuss the difference between 7a and 504 loans and talk about some of the basic eligibility requirements for getting an SBA loan.Today’s guest is Laurence Leopold, of Byline Bank:Laurence’s email:  [email protected]’s LinkedIn page:  https://www.linkedin.com/in/laurence-leopold-4496342/Byline Bank’s web page:  https://www.bylinebank.com/ ----------NEWS ROUNDUP1Despite numerous ongoing concerns, a majority of small business owners are reporting increased revenue in 2022 from 2021, and are generally bullish about their growth in the next year.https://newsroom.bankofamerica.com/content/newsroom/press-releases/2023/04/bofa-survey-76-percent-of-small-businesses-feel-well-equipped-to.html2Small business owners are stressed out about money, according to new research.https://newsroom.lfg.com/small-business-owners-have-big-personal-finance-concerns-according-to-new-lincoln-financial-group-study.htm3Apple has launched a new small business website to mark National Small Business Week, which is this week.https://www.computerworld.com/article/3694593/apple-wants-to-be-the-platform-of-choice-for-small-business.htmlhttps://www.apple.com/business/small-business/----------This podcast is sponsored by SBS Accounting & Advisors.  Use the promo code FLASH and get 20% off your set up fee!  https://sbsaccountants.com/.👀 Watch on YouTube:  https://www.youtube.com/channel/UCmFHZqDGRbOHXjhpicWuqhg.📧 I would love to hear from you!  Please email me at [email protected].🖥️ Learn how I can help your small business at https://eraynay.com/.----------Email me at [email protected] give me feedback on the podcast.Show web site:  www.smallbizflash.com