Martinka Consulting's Getting the Deal Done Podcast

SBA Loan Changes with Lisa Forrest with Live Oak Bank

John & Jessica Martinka

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0:00 | 34:34

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 requirements
Buyer equity (cash) injection to the deal
Seller equity post-close (now allowed)
The seller's role post-close

This podcast will make you quite knowledgable about SBA loans.

John Martinka
Jessica Martinka

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