Access to capital is a critical success factor when starting, growing and running your business.
I am not a proponent of borrowing too much, having found myself overleveraged in the past.
But I do know that the right mix of vendor credit, equipment financing and lines of credit are very important if you want to avoid cash flow problems. That’s why I invited Mr. England to share some knowledge on Radio Free Enterprise.
What exactly is an SBA loan and why would I want one?
How do you find the right SBA lender?
How do you apply for an SBA loan?
Is the approval process more complicated and time-consuming?
All of these questions and much more are addressed by Brian Seliber and Carl Hairston of M&T Bank in this episode of Radio Free Enterprise.
Debt Capital (loans) are an important option for the owners of main street lifestyle businesses. And the Small Business Administration has made it easier for lenders to say “Yes” to more small business borrowers by agreeing to guarantee the repayment of some portion of the loan should it go into default.
But the entire program and the application process seem to be shrouded in mystery and many potential borrowers avoid this avenue because they just don’t understand it.
In this interview I ask all the questions I could think of to draw out the answers you’re looking for about SBA Loans.
If you have a question that wasn’t answered, contact Brian Seliber of M&T Bank using the phone number below.
In this episode of Radio Free Enterprise, entrepreneurial educator Peter Frampton talks about his breakthrough method of teaching Accounting principles, Color Accounting.
Peter is a lifelong entrepreneur and educator who believes in the potential of every person to live the live they want and is dedicated to helping as many people as possible achieve that dream.
No matter your existing level of experience or facility with accounting principles and practices, Color Accounting will give you an entirely new way of looking at your books.
Peter and his team teaches students ranging from the owners and managers of small and medium-sized business to executives at top law firms – and even the world’s largest investment bank – how to make better sense of and better decisions with accounting.