Welcome to The BDO Show! A podcast for passionate BDOs wanting to level up their game with advice and stories from battle-tested BDO's.

In this episode, the hosts breakdown the best practices for scaling your SBA production from $25 million to $50 million annually.

This insightful discussion is aimed at experienced BDOs who seek to elevate their game by doubling their production numbers.

Leveraging key elements like effective time management, strategic delegation, and optimizing your referral network, the conversation highlights the essential factors that contribute to achieving higher production numbers.

Additionally, the episode touches on important themes like adapting to market trends, focusing on vertical industries, and building long-term relationships with key referral partners. Listeners will learn about the importance of starting the year strong, managing their deal pipeline efficiently, and being prepared to handle larger loan sizes.

Key Takeaways:

• Effective Time Management and Delegation: Knowing when and how to delegate tasks within the loan process to maintain efficiency is crucial for scaling production.
• Building and Leveraging Referral Networks: Developing strong, reliable relationships with a handful of key referral partners can provide a consistent flow of quality deals.
• Strategic Loan Size Targeting: Finding a balance in loan sizes and avoiding a focus on large, potentially risky deals can lead to more consistent production.
• Adapting to Market Trends: Staying informed on industry trends helps in targeting the right types of loans and clients, which can significantly impact production numbers.
• Consistency and Preparedness: Maintaining consistency in loan production requires an organized approach and preparation for market fluctuations.

This episode is sponsored by: Peak Business Valuations

Peak Business Valuation works with over 80 SBA bank lenders across the country, performing around 1,100 SBA-compliant Business Valuations and 100 Equipment Appraisals a year.

Those whom we work with label us as fast, reliable, and insightful.

For more information, visit their website www.peakbizval.com or email Ryan Hutchins at [email protected]