đź””Breaking Down the October 8th SBA Connect Call | Oct. 15, 2024

15/10/2024 16 min
đź””Breaking Down the October 8th SBA Connect Call | Oct. 15, 2024

Listen "đź””Breaking Down the October 8th SBA Connect Call | Oct. 15, 2024"

Episode Synopsis

Paul Long and Tonya Mazurek bring the latest insights from SBA Today, emphasizing the importance of understanding the "why" behind lending practices. They explore the significance of sharing loan success stories within teams and how this can enhance purpose-driven work. They also unravel details from the recent SBA Connect Call, highlighting topics such as loan guarantee stats, working capital pilot programs, and subordination on EIDLs. This episode blends practical advice with insightful commentary, aiming to keep listeners informed and engaged in the world of SBA lending.  Key Takeaways:  Understanding the "why" behind SBA lending can greatly enhance team motivation and satisfaction. The SBA Connect call highlighted several updates, including procedures and expected response times at the Loan Guarantee Processing Center (LGPC). Thoughts on WHY The Working Capital Pilot Program is Underutilized  Disclaimer: The views expressed on this show are our own and not necessarily the views of our employer.  Are you a business owner or prospective business owner? Let's see how we can help you. If your business or perspective business is in: Washington, Oregon, or Idaho contact Paul Long at Gesa Credit Union [email protected] Colorado, Texas, Missouri, Florida, Arizona, and Tennessee contact Tonya Mazurek at Midwest Regional Bank [email protected] 

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