Your voice matters! Help us improve The Cashflow Contractor Podcast.Take our quick survey to shape the future of the show. Share your feedback and ideas in just a few minutes. Click the link below:https://forms.gle/NDVDbYzDj6uKiQ127Thank you for being part of our community!Khalil and MartinThe Cashflow Contractor Podcast------------------------An opportunity to grow your company may present itself to you, as a business owner, but what if you lack the necessary funding to pursue it?  Securing an SBA loan might prove beneficial!BOK Financial's Gonzo Garzon and Cashin White join Martin and Khalil to discuss what business owners need to know about SBA loans in 2023. Time Stamps00:47 - Intro to Gonzo Garzon02:47 - Gonzo Garzon's Professional Background04:45 - Intro to Cashin White05:41 - Cashin White's Professional Background07:03 - Understanding SBA Loan10:45 - Advantages of Getting an SBA Loan13:05 - Owner-Occupied Real Estate Loan20:40 - Qualifying for a Real Estate Loan31:43 - Getting a Loan for Acquisitions40:15 - 4 Types of Change of Ownership Loans50:32 - Personal Guarantees52:41 - Getting a Loan for Working Capital57:56 - Episode Takeaways01:01:15 - Get in Touch with Gonzo & CashinQuotable Moments from the Show"I've always liked it [SBA Loans] because it allows us to do a couple of things that bankers aren't known for, and that's being creative and flexible. So always try and keep one foot in SBA lending." - Cashin White"The first question that I will encourage business owners to ask a bank if they're looking for an SBA loan is, are you a preferred SBA lender? And what really that means is SBA is giving a designation authority to the bank to make the final credit decisions." - Gonzo Garzon"As business owners, sometimes you come across opportunities and maybe you don't have the cash really to buy that property or that building that you wanted to buy at that time, because, you know, typically a conventional, we require you 20 or 25%. Then boom, then you can use SBA because today you only have 10, 15% to you." - Gonzo Garzon"The best way you can show well to your lending institution is that you've got your stuff together and that's going to manifest in the quality of your financials and the timeliness of it." - Cashin WhiteIf growth is your goal, attaching your wagon to the right horse early on is very important." - Cashin WhiteResourcesNeed Marketing Help? We Recommend BenaliWatch On YoutubeFollow On Social: LinkedIn, Facebook, InstagramSubscribe To Our Newsletter, The CountdownHave Questions? Email usMore from Gonzo Garzon & Cashin WhiteEmail Gonzo GarzonGonzo Garzon on LinkedInCashin White on LinkedInMore from Martintheprofitproblem.comannealbc.com   Email MartinMeet With MartinLinkedInFacebookInstagramMore from Khalilbenali.com Email KhalilMeet With KhalilLinkedInFacebookInstagramMore from The Cashflow ContractorAsk Us A QuestionSign Up For A Free Consultationthecashflowcontractor.com Email The Cashflow ContractorLinkedInFacebookInstagram