Join Ryan Smith, Principal and Founder of ThinkSBA and Attorney Scott Oliver with Lewis & Kappes as they delve into the intricacies of the SBA loan legal closing process, recent SOP changes, and the crucial role lender legal counsel plays in ensuring lender compliance.

Gain valuable insights into Landlord Lien Waiver and Collateral Access Agreement, attorney negotiations, and the overall loan closing process.

Whether you're a seasoned lender or a prospective SBA loan applicant, this podcast offers essential knowledge for successfully navigating the SBA loan application process from start to funding.

Stay tuned for actionable tips and expert advice from Scott throughout this entire episode.

If you liked this content, let's connect on social media:

Instagram: https://instagram.com/mysbapro

Twitter: https://twitter.com/mysbapro

LinkedIn: https://linkedin.com/in/ryanpatryck

Chapters:

00:00 - Introduction

00:55 - Scott's Bio

03:42 - Closing Process Overview

07:12 - Landlord Waivers and Negotiations

08:56 - Good vs. Bad Buy-Side Attorneys

11:23 - Uncommon Requests and Scenarios

14:15 - Flexibility of SBA Loan Documents

17:15 - Recent Changes to SOP Manual

20:37 - Process After Commitment Letter

26:10 - Partial Change of Ownership

36:22 - Forgivable Seller Note & Expansion Loans

More Subject Matter Experts Playlist

https://youtube.com/playlist?list=PL1v-z-ZlTQ4FuSfq8GRuV9jJY3dd5vw9p&si=04XGGOYICU8pngKN

⁠More ThinkSBA Resources

⁠https://calendly.com/thinksba - Schedule Call

https://g.page/thinksba - Google Business Page & Reviews

https://thinksba.com/faq - Frequently Asked Questions

https://mysbaloanpro.com⁠ - My SBA Loan Pro Podcast

http://youtube.com/@thinksba - YouTube Channel