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