The SBA just dropped a new SOP—and it’s shaking up how small business loans work. Shane, Stephanie, and Brian break down what’s changing, what’s broken, and how buyers and lenders can adapt. From seller carries to guarantee requirements, this episode is packed with real talk and strategy.

📌 Timestamps:
01:00 – Intro & Overview of SBA SOP 50 10 8
02:25 – What Changed and Why It Matters
04:04 – New Down Payment & Injection Rules
08:30 – Seller Carryback Standby Terms Explained
13:16 – Full Guarantees for Minority Owners
18:00 – End of GP Submissions for PLP Lenders
23:17 – How Banks Will Respond to Increased Risk
28:25 – Why SBA Is Eliminating MCA Refinance Options
34:05 – The Bigger Impact on Borrowers & Business Owners
41:01 – Feedback Loops, Policy Blind Spots & Final Thoughts
49:00 – Wrap-Up & Call for Audience Feedback

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In this episode of Broke or Billionaire by 2030, hosts Shane Pierson, Stephanie Dunn, and Brian Congelliere dive into the mindset, strategies, and financial habits that separate those who struggle from those who thrive. Whether you're aiming for financial freedom or just want to make smarter money moves, this conversation is packed with insights to shift your trajectory.

📌 Timestamps:
01:00 - Intro & Welcome
01:28 - The Current Loan Market Surge
03:30 - Buying a Business
05:53 - The Future Ready Seller
06:28 - Identify Successful Business
08:44 - AI Tools
14:00 - The Silver Tsunami
18:02 - Leveraging the Data
20:16 - The Falling Behind Business Owner
24:10 - Getting Your Head in the Right Space
27:02 - How to Adapt Your Sales Approach
29:18 - Shane is Relatively Wide
31:03 - Women’s Influence on Sales
33:10 - Banks on the Way Out
34:40 - Closing Thoughts

Questions or feedback? We'd love to hear from you.

In this episode of Lords of Lending, hosts Shane Pierson, Stephanie Dunn, and Brian Congelliere dive into the realities of buying and scaling a business. They discuss how to assess inherited employees, identify underperformers, and maximize human capital for growth. Whether you're acquiring a company or expanding your current one, this episode offers actionable strategies to optimize payroll, improve leadership, and build a high-performing team.

📌 Timestamps:
00:34 - Intro & Episode Overview
01:00 - Assessing Inherited Employees & Talent Evaluation
02:36 - People, Products, and Profits: Prioritizing for Growth
04:16 - Measuring What Really Matters in Business
06:02 - Leadership Strategies for Managing Existing Teams
09:08 - How to Motivate Employees & Improve Performance
12:02 - Identifying Strengths & Weaknesses as a Business Owner
13:42 - Managing Family Members in a Business
17:01 - The Importance of Clear Communication & Leadership
23:07 - Understanding Payroll as an Investment, Not Just an Expense
27:12 - Scaling Smart: When to Hire & When to Optimize
34:19 - AI & Automation’s Impact on Business Growth
40:31 - Final Takeaways & Actionable Strategies

Questions or feedback? We'd love to hear from you.