Dealing With Declines (The Infamous Safari Deal) | Ep. #3

Welcome to The BDO Show! A podcast for passionate BDOs wanting to level up their game with advice and stories from battle-tested BDO's. In this episode, we uncover the intricacies and decision-making process  BDOs go through when navigating the delicate process of declining loan requests. Join us as we uncover the behind-the-scenes challenges, triumphs, tough conversations, and the legendary tale of the infamous safari deal. We explore the power of networking with bankers from different institutions to create a referral network that is robust, mutually beneficial, and ultimately, more successful. We also discuss that when managing declines and broker relationships, speed and honesty are your best allies. Learn from our experiences how to maintain trust with clients and brokers alike, even when the news isn't good. Tune in to gain our battle-tested advice on building and maintaining these essential professional connections. Please e-mail us any questions, or suggestions for future episode topics at [email protected] This episode is sponsored by: SBA Protection Quick Close Life Insurance – the fastest, easiest way to secure the insurance protection your borrower needs for their SBA loan. For more information, visit their website www.sbaprotection.com or email Adam Bergen at [email protected]   The views and opinions expressed in this program are our own and/or those of our guests. They do not necessarily reflect the views or positions of our employers.