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Podcast: Martinka Consulting's Getting the Deal Done Podcast
Episode: SBA Loan Changes with Lisa Forrest with Live Oak Bank
Description: Lisa Forrest with Live Oak Bank discusses the sweeping changes in the May 2023 SBA Standard Operating Procedures. We discuss SBA 7A loan business acquisition loan basics plus changes to:Life insurance requirementsBuyer equity (cash) injection to the dealSeller equity post-close (now allowed)The seller's role post-closeThis podcast will make you quite knowledgable about SBA loans.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videos https://nokomisadvisory.com/https...