The Art of SBA Lending

Adding Value to your Team, Your Bank, & Your Borrowers feat. Michael Johnston | Ep. 166


Listen Later

In this episode of The Art of SBA Lending Ray is joined by Michael Johnston at NAGGL as they explore Michael’s journey from BDO to national sales manager and his approach to driving value at every stage of the SBA lending process.

Michael shares his vision of SBA lending in today’s evolving landscape, where efficiency, accountability, and teamwork are non-negotiable. Aiming to streamline small-balance loan processing to as little as 2-5 days, Michael highlights the role of technology, a strong referral network, and consistent credit philosophy. He also provides insight into the qualities he looks for in BDOs—highly motivated “grinders” who are dedicated to getting results.

Key Takeaways:

  • Strategic Growth: How Michael leverages digital marketing, a robust broker network, and high-efficiency standards, noting how steady, methodical growth is preferred over rapid expansion that could be difficult to sustain.

  • Team Dynamics: The importance of hiring the right people, fostering a collaborative culture, and maintaining a consistent credit philosophy across the board.

  • Process Efficiency: Practical ways to reduce approval times, enhance productivity, and meet client expectations without sacrificing quality or accuracy.

Listen in as Michael and Ray discuss how to bring value to your team, your bank, and your borrowers in this engaging and informative episode.

Be sure to subscribe to keep up with the rest of our Vegas interview series from NAGGL 2024!

This episode is sponsored by:

Baker Lewis

Baker Lewis is the SBA lending industry’s premier executive search and personnel consulting firm. Schedule a call by reaching out to Dustin Baker at 940-230-4321.

Rapid Business Plans

Rapid Business Plans is the go-to provider of business plans and feasibility studies for government guaranteed small business lenders.

For more information, or to set up a Get Acquainted call go to https://rapidbusinessplans.com/art-of-sba 

 

SBA Jobs Board

Hiring for your SBA department? We’ve got you covered! SBA Jobs Board is here to bridge the gap between you and top SBA talent. Our Art of SBA Lending audience is packed with experts ready for their next career move. List your openings with us to connect with the best in the industry and find the right fit for your team. Live now on our new Art of SBA Website

BDO’s…let’s start your weeks strong! Sign up for our weekly sales advice series, Sales Ammo. Every Monday morning wake up to a piece of Rays sales advice in your inbox to help you rise to the top. Subscribe here: https://www.artofsba.com/army-of-bdos

Loving The Art of SBA Lending episodes? Make sure to follow along with our sister shows, The BDO Show and SBA Today, each week with the links below!

https://www.youtube.com/@thebdoshow  

www.youtube.com/@sbatoday  

Head to http://www.artofsba.com for more information and to sign up for our must-read monthly newsletter to stay up to date with The Art of SBA Lending.

...more
View all episodesView all episodes
Download on the App Store

The Art of SBA LendingBy Ray Drew

  • 5
  • 5
  • 5
  • 5
  • 5

5

35 ratings


More shows like The Art of SBA Lending

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,333 Listeners

Marketplace by Marketplace

Marketplace

8,588 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,809 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

207 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

151,428 Listeners

This Past Weekend w/ Theo Von by Theo Von

This Past Weekend w/ Theo Von

26,541 Listeners

The Journal. by The Wall Street Journal & Gimlet

The Journal.

5,886 Listeners

The Loan Officer Podcast by Dustin Owen

The Loan Officer Podcast

194 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

244 Listeners

followHIM by Hank Smith & John Bytheway

followHIM

10,339 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,389 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

239 Listeners

The BDO Show by Art of SBA

The BDO Show

9 Listeners

SBA Today by Art of SBA

SBA Today

2 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

31 Listeners