Course #115

Introduction to SBA Financing

CREDIT HOURS
2
non-member price
$99.99
member price
$59.99

This essential 2-hour course introduces students to the Small Business Administration’s (SBA) programs and procedures. Developed based on student and member feedback, it’s a ‘must’ for any newer Main Street Business Broker and a refresher for the experienced Broker.

What You’ll Learn
  • The advantages and disadvantages of SBA programs.
  • The differences between PLP and GLP lenders.
  • What’s included in the SBA’s Total Project Cost.
  • How the SBA determines minimum Debt Coverage Ratios.
  • Common reasons for SBA loan rejections – and what to do about them.

NOTE: SBA terms change frequently and a review of the current terms is beyond the scope of this course. Rather, this course focuses on the purpose, structure and provision of SBA guaranteed financing.

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