Are you a small business owner looking to grow or acquire a business but unsure how SBA loans work? In this episode of Radio Free Enterprise, Frank Felker sits down with Mary Soldano, SBA Business Development Officer at Truliant Federal Credit Union, to demystify the SBA loan process. Mary explains the key differences between SBA loans and traditional loans, the role of government guarantees, and the flexibility SBA loans offer—including access to capital with minimal collateral requirements.

Mary also dives into the "5 Cs of Credit" lenders use to evaluate applications, emphasizing the importance of cash flow, management experience, and transparency. You'll learn how to choose the right SBA lender, navigate the application process, and understand recent changes to SBA lending rules, such as new equity injection options for business acquisitions.

Whether you're considering an SBA 7(a) loan for real estate, working capital, or business acquisition, this interview provides invaluable insights to guide you through the lending process. Don't miss this comprehensive guide to securing the funding your business needs!

Mary's Contact Information

Mary Soldano

SBA Business Development Officer

Truliant SBA Lending

Phone: 856-562-8323

mary.soldano@truliantfcu.org

https://www.linkedin.com/in/marysoldano1/

In this episode of Radio Free Enterprise, host Frank Felker interviews Dan Rochon, author of the upcoming book Teach and Grow Rich. Dan shares insights on how business owners and professionals can increase their influence, avoid the number one sales mistake, and ultimately get what they want.

Whether you're a small business owner or a sales professional, this episode is packed with actionable tips to help you grow your influence and achieve your goals. Tune in to discover the powerful strategies Dan outlines in his book, Teach and Grow Rich, and learn how to apply them in your own business.

Pre-Order Dan's Book at: https://NoBrokeMonths.com

An informative conversation with Marty M. Fahncke and Doug Wick on the topic of Building a Business Operating System. If you're serious about building a business that can operate profitably without your day-to-day involvement, or you're looking to sell your business for the highest possible price, do yourself a favor and tune in!

Books Recommended During The Interview:

Mastering the Rockefeller Habits:
What You Must Do to Increase the Value of Your Growing Firm
https://amzn.to/3zwqcgp

Metronomics
One United System to Grow Up Your Team, Company, and Life
https://amzn.to/3Twy8oS

Simple Numbers 2.0:
Rules for Smart Scaling: A Play by Play Analysis for Pure Growth
https://amzn.to/4emNLXW

Double Double:
How to Double Your Revenue and Profit in 3 Years or Less
https://amzn.to/3XzCqx4

Vivid Vision:
A Remarkable Tool for Aligning Your Business Around a Shared Vision of the Future
https://amzn.to/4d3IyDb

3hag Way:
The Strategic Execution System that ensures your strategy is not a Wild-Ass-Guess!
https://amzn.to/3Xvdsyy

In today's ultra-tight labor market, owners of small and medium-sized businesses need to find creative ways to Hire and Keep Great People.

In today's interview with Gino Palozzi, Chief Marketing Officer at DailyPay, I bring you a powerful new tool. Earned Wage Access lets your employees control when and how much they get paid, based on their needs - not the payroll cycle.

This level of access and flexibility has resulted in tremendous improvements in recruiting and retention success - as well as significant increases in productivity - for the hundreds of employers currently offering this service to over 2 million workers.

To learn more about how DailyPay could bring tremendous value to your firm and your people, connect with them at: https://DailyPay.com/SmallBusiness

Ever wonder if TV Ads could help build your business? If so, you're not alone. In 2024, lots of business owners are wondering the same thing.

That's why Chuck Boyce and Kenny Massa from SmallBiz.com invited me to explain my Zip Code Famous concept at their Virtual Summit for business owners.

My presentation and their detailed question-and-answer session created a great educational resource for anyone looking to grow their local consumer-facing business.

Click the link below to learn about Connected TV, an amazing new advertising platform that combines the best of television and social media ads to establish your brand in the minds of your ideal local prospects - at an incredibly low price.

Throughout this presentation, I explain the fundamentals of CTV and its advantages for small business owners. I also share strategies for effectively reaching your ideal local prospects on the big screens in their living rooms and bedrooms.

Be sure to stick around to the end, where Chuck and Ken ask me some very detailed questions about exactly how Connected TV works and how much it costs.

In this episode, Frank interviews business acquisition expert, Marty M. Fahncke, a veteran of almost $500 million in business sale transactions over the course of 25 years.

Frank and Marty also announce that they are co-authoring the book, Boomer Sells The Business, along with an accompanying workbook.

At the beginning of the interview, Marty shares five reasons why every business owner should have their firm in "sale-ready condition" even if they have no current or future plans to sell it.

He then lists the seven things you must do to move your business from its current state to a position where it can be sold for the highest price, and shares why you need to get started on those tasks as soon as possible.

At the end of the video, Frank and Marty share how you can register to receive free paperback copies of the book and workbook when they are published later this year. Simply send an email to book@boomersellsthebusiness.com and include your mailing address and phone number (in case the shipping company needs to contact you).

If you have ever wondered how much you might be able to sell your business for, or how you could make it worth many times more than it currently is, book a 15-minute call with Marty M. Fahncke by accessing his private calendar at:

https://calendly.com/adventurist-marty/free-consultation-boomer-sells-the-business

As business owners, we often spend months of effort and thousands of dollars to land a new client, but then do almost nothing to retain our current clients by showing them the slightest amount of appreciation.

"Studies have shown that 68% of customers leave because of a perceived attitude of indifference on the part of the company. Perception is everything." Forbes

My guest this week, Joe Kenemore, CEO of Mailbox Power, says that is an absolute shame. Especially when his company makes it so easy and inexpensive to show your best clients a little love once or twice a year.

Tune in to this week's Radio Free Enterprise video stream to earn how you can easily and consistently show your customers, employees, vendors, and partners how much they mean to you - right from your computer or mobile device.

Learn more about Mailbox Power: https://bit.ly/3iFHNYo

Have you ever dreamed of featuring your business on the ABC television show Shark Tank?

My guest this week is Joe Altieri. the inventor of FlexScreen, the world's first and only flexible window screen, and a successful past contestant on the ABC television show Shark Tank.

I'm going to ask Joe to share the origin story of his invention, his experience as a contestant on Shark Tank, and what has happened to his company since he teamed up with The Queen of QVC, Lori Greiner.

If, like me, you are a longtime fan of the show who has often wondered what it would be like to be standing on that stage pitching the Sharks, you DO NOT want to miss this episode of Radio Free Enterprise.

Watch Joe's Shark Tank episode: https://flexscreenretail.com/pages/shark-tank

Learn more about FlexScreen: https://flexscreen.com/

Learn more about Joe Altieri: https://joealtieri.com/