Podcast: Download (Duration: 3:37 — 1.3MB)
On this episode of the Investor Financing Podcast, Beau talked about the SBA 7a equity injection requirements for a business startup.
Timestamps
[00:18] The banks will need at least 15% equity injection for a business startup, true or false?
[00:31] SBA 7a Loan Program Guidelines
[00:40] How much is the required minimum amount of equity injection?
[01:09] A lot of the banks overlay the SOP
[01:20] Each bank and non-bank SBA lender has different thresholds and credit boxes
[01:36] Beau and his team can help you identify the right SBA bank or non-bank partner for a particular transaction
[02:04] An easier underwriting process
[02:09] Equity injection for a business startup
[02:34] Some of the equity could come as a gift
[02:48] You must be a strong borrower with a good business plan projection
[02:57] Feel free to book a call at http://bookwithbeau.com/