7a Authorization Sba Form

Instructions and help about 7a Authorization Sba

if you're getting ready to apply for an SBA 7A loan to start grow or acquire a small business you're going to want to watch this video because the SBA has introduced sweeping changes to their main small business loan program the 7A now some of these changes are good some of these changes are bad but as always I'm going to peel back the curtain and reveal what's actually going on in the world of small business lending hey I'm re Drew an actual SBA lender and in this video I'm going to highlight the eight biggest changes to the SBA 7A loan program and stick around to the end because I'm going to share one massive change you probably haven't heard of but it's an absolute Game Changer so back in May the SBA put out what's called a procedural notice which went into immediate effect and that was our first taste of these new SBA guidelines the notice was so abrupt and unclear that half of the SBA lending Community essentially ignored them and just went on with business as usual as you can ima