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Commercial Real Estate 101 Podcast

Understanding SBA Lending with Joe Wathen

12 Feb 2021

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What is SBA Loan? How Do SBA Loan Work?   ▶️ Visit to know more: https://www.raphaelcollazo.com/   Then you've come to the right place, Raphael Collazo is here to help you with Understanding SBA Lending with Joe Wathen.    The purpose of this group is to be the go-to resource for people who are interested in learning about the many facets of commercial real estate. Whether you're a business owner, investor, or just someone who's curious about the subject, you'll gain value from being a part of the group!  In today's podcast, we invited Joe Wathen, Vice President and SBA Business Development Officer at US bank, to explain the many facets of the SBA program and provides a ton of valuable information you can use to secure an SBA Loan.  If you are looking to acquire real estate, purchase an existing business, cover construction overheads or need working capital, an Small Business Administration SBA loan can offer the financial support you need for your business.    The SBA is not a lender but the agency work as a bridge between businesses and the financing authority that are available. However, the SBA promise between 50 and 90 percent of the loan should it go into default, which supports the banks to lend to small business owners with minimum rates.    To apply for an SBA loan, businesses must prove that they're qualified for the program including necessary credentials. Upon getting SBA approval, the business owner can go to an SBA approved lender to start the process.   If you're thinking about starting or growing your own business, this video will help you to understand the SBA loan, the process, and how to apply SBA loan for the financing you need.   So, watch the full video till the end to learn how to get started.   ▶️ If you're looking to secure an SBA loan, feel free to contact Joe: ▶ Email: [email protected]  ▶ Call: 502-533-8770   If you like the podcast, please give us a 5 ⭐ review, and don't forget to share this episode with others. ----------------------------------------------------------------- ▶️ If you're interested in leasing, buying and/or selling commercial property in the Louisville metro area, I would love to help! ▶️ Check out my Website: https://www.raphaelcollazo.com/  ▶️ Email me: [email protected]  ▶️ Call/Text me: 502-536-7315  ------------------------------------------  ▶️ FREE REAL ESTATE GUIDES: https://linktr.ee/raphaelcollazocre \ ------------------------------------------ ▶️  Follow me on:  • Meetup: https://www.meetup.com/Commercial-Real-Estate-101/  • Instagram: https://www.instagram.com/recollaz/  • Facebook: https://www.facebook.com/raphaelcrelouisville • LinkedIn: https://www.linkedin.com/in/raphaelcollazo/  --------------------------------------------------- #sbaloan #RaphaelCollazo #sbaloansexplained #understandingSBAlending #sbaloanapplication #sbaloanrequirements #sbaloanpayment #sbaloanrates #louisvilleky #louisville

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