SBA LOAN: Buyers MUST KNOW these 10 things before applying

Are you planning to apply for an SBA loan? You MUST Watch this before you do. In this SBA University Podcast, I sit down with Audrey Wendel, President of Professional & Executive Lending at T Bank and SBA lending expert. Together, we break down 10 must-know tips for buyers before applying for an SBA loan. From cash flow to equity injection, personal guarantees, to transition plans, Audrey shares insider insights to help you strengthen your application and avoid delays. 📌 What You’ll Learn in This Episode: 1️⃣ Pre-Qualification – How to set your budget and get a buyer letter 2️⃣ Work with an SBA Specialist – Why experience matters 3️⃣ Cash Flow & Add-Backs – Understand true income and spending 4️⃣ Personal Finances & Credit – How lenders evaluate you 5️⃣ Working Capital – Ensure enough funds to cover operations 6️⃣ Ownership & Guarantees – What counts and what doesn’t 7️⃣ Due Diligence – What to expect and timing involved 8️⃣ Transition Planning – Keep key employees and owners engaged 💬 Drop your questions in the comments — I’m here to help! 📩 Want to talk deals? Reach out directly: [email protected] 🔔 Subscribe to SBA University for new lessons every week! #SBAUniversity #SBALoan #BusinessAcquisition #BuyABusiness #SBAFinancing #Entrepreneurship #SmallBusiness