SBA Lending 101
Let's Chat with Jim Parker, Business Broker
SBA LENDING 101 "Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network EPISODE: 12 RELEASE DATE: June 19, 2024 YOUTUBE CHANNEL: WEBSITE: In this episode of "Let's Chat," join host Jim Parker as he converses with SBA lender Tammy Roberts (née Teece) from Live Oak Bank. They delve into the fundamentals of SBA lending, highlighting the benefits, requirements, and processes involved. With nearly 25 years of experience in business brokerage, Jim stresses the advantages of pre-qualifying businesses for SBA loans and the steps needed to ensure smooth...
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The Future of Business Brokerage
Let's Chat with Jim Parker, Business Broker
THE FUTURE OF BUSINESS BROKERAGE "Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network EPISODE: 11 RELEASE DATE: June 5, 2024 YOUTUBE CHANNEL: WEBSITE: Join host Jim Parker on "Let's Chat with Jim Parker" for an enlightening interview with Lou Vescio, a leading business broker and former chairman of the International Business Brokers Association. This episode explores the evolution of business brokerage, spotlighting the benefits of team-based approaches and specialization in fields like insurance. Lou shares his journey from starting his practice to...
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Let's Chat with Jim Parker, Business Broker
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What Makes a Good CIM?
Let's Chat with Jim Parker, Business Broker
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Key Strategies For Business Brokers
Let's Chat with Jim Parker, Business Broker
KEY STRATEGIES FOR BUSINESS BROKERS "Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network EPISODE: 8 RELEASE DATE: April 24, 2024 YOUTUBE CHANNEL: WEBSITE: SHOW NOTES: *Please be aware that there are some audio issues throughout this video. We apologize, but the content was too good not to share* In this episode of "Let's Chat with Jim Parker Business Broker," host Jim Parker, a business broker specializing in businesses with gross sales between 1 million and 10 million, engages in conversation with his guest, Kyle Griffith, a respected...
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A Legal Perspective on Business Sales
Let's Chat with Jim Parker, Business Broker
"Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network EPISODE: 7 RELEASE DATE: April 10, 2024 YOUTUBE CHANNEL: WEBSITE: In this episode of "Let's Chat with Jim Parker Business Broker," host Jim Parker welcomes closing attorney Deborah A. Carman to give legal insight into the process of selling a business. They discuss key aspects such as Letters of Intent, asset purchase agreements, and tactics for overcoming common challenges like client concentration. The importance of communication, teamwork, and the role of intermediaries in facilitating...
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Insight From Top Selling Business Broker Jeff Snell
Let's Chat with Jim Parker, Business Broker
LINK TO YOUTUBE: My Website: EPISODE NUMBER: 6 RELEASE DATE: March 27, 2024 SHOW NOTES: In this episode of 'Let's Chat,' host Jim Parker chats with Jeff Snell, one of the country's top-tier business brokers and former chairman of the International Business Brokers Association. Throughout their conversation, they discuss the challenges and triumphs experienced in their profession, share some valuable insights, and provide advice for emerging brokers in the industry. 00:07 Introduction 00:31 Getting to Know Jeff Snell 01:27 Initial Experiences as a Business Owner...
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Raising SBA 7a Loan Limits to $10 Million?
Let's Chat with Jim Parker, Business Broker
RELEASE DATE: MARCH 22, 2024 YOUTUBE CHANNEL: MY WEBSITE: SHOW NOTES: "Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network. Fellow business brokers, this is an urgent call to the business brokerage community. Please tune in to this special episode of "Let's Chat." It contains an important message you all need to hear. We need you! In this special episode of "Let's Chat with Jim Parker Business Broker," host Jim Parker focuses on a crucial initiative spearheaded by Steve Mariani from Diamond Financial: to increase the current SBA 7A lending...
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CEO of Transworld Business Brokerage
Let's Chat with Jim Parker, Business Broker
Welcome! Let's Chat has been on YouTube for over 3 years - so there's lots more to experience. For older (but still powerfully important) episodes, go subscribe on YouTube! Link is below. And thanks for being here!! LINK TO YOUTUBE: My Website: EPISODE NUMBER: 4 RELEASE DATE: March 15th, 2024 SHOW NOTES: An In-depth Conversation with Andy Cagnetta: The CEO of Transworld Business Brokerage On Industry Insights and the Past, Present, and Future of Business Brokerage In this dynamic episode of the Let's Chat podcast series, our host Jim Parker sits...
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Insight From a Franchise Specialist
Let's Chat with Jim Parker, Business Broker
LINK TO YOUTUBE: My Website: EPISODE NUMBER: 3 RELEASE DATE: March 1st 2024 SHOW NOTES: Insight From a Franchise Specialist AKA... Overcoming Buyer's Fears: A Conversation with Tom Scarda of the Franchise Academy In this podcast episode, the guest is Tom Scarda, a franchise specialist from the Franchise Academy, who shares his experience in buying and selling franchise businesses and offers insights on overcoming fears associated with such decisions. An important discussion topic is understanding the motivations of buyers, their fears, and how to manage them...
info_outlineSBA LENDING 101
"Let's Chat with Jim Parker Business Broker" is proudly affiliated with the BBP Podcast Network
EPISODE: 12
RELEASE DATE: June 19, 2024
YOUTUBE CHANNEL: https://www.youtube.com/@JimParkerBusinessBroker
WEBSITE: https://www.JimParkerBusinessBroker.com
In this episode of "Let's Chat," join host Jim Parker as he converses with SBA lender Tammy Roberts (née Teece) from Live Oak Bank. They delve into the fundamentals of SBA lending, highlighting the benefits, requirements, and processes involved. With nearly 25 years of experience in business brokerage, Jim stresses the advantages of pre-qualifying businesses for SBA loans and the steps needed to ensure smooth transactions. Tammy shares invaluable insights on pre-qualifying buyers, navigating loan underwriting, managing closing timelines, and more. This informative episode is a must-watch for business brokers, prospective buyers, and sellers looking to better understand SBA loans and their impact on small business growth. Don't miss out on learning crucial tips that can help you succeed in your business transactions.
To connect with Tammy:
239.272.8145
Join the discussion! Like, share, leave a comment, and for more from "Let's Chat," subscribe on YouTube @JimParkerBusinessBroker
00:00 Introduction and Guest Welcome
00:48 Meet Tammy Tease: SBA Lending Expert
02:47 Understanding SBA Lending Basics
03:10 Advantages of SBA Loans
08:36 Pre-Qualifying a Business for SBA Loans
17:08 Pre-Qualifying Buyers for SBA Loans
25:22 The SBA Loan Process: From Offer to Approval
28:19 Understanding Home Equity Requirements
28:56 Importance of Life Insurance in Deals 3
0:06 Personal Guarantees and Spousal Involvement
31:49 Credit Scores and Background Checks
34:33 SBA Loan Application Process
40:12 Challenges and Solutions in Closing Deals
44:40 Virtual Closings and Final Tips
47:49 Conclusion and Call to Action
TOPIC KEYWORDS:
Jim Parker, business broker, SBA Loans, SBA Lending, SBA, small business, Tammy Roberts, Live Oak