As technology takes a more forward leaning role in the financial services industry, there is one thing that will always require some good ol' fashioned human brain power - and that is SBA lending. SBA loans $350k+ are decisioned by humans.

How do they make these decisions? By looking at INFORMATION.

And how the information is provided makes a difference.

You absolutely have to do these 3 things in order to be a successful BDO:

• Build credibility and trust among your credit team
• Present weaknesses and strengths with full transparency 
• Know your deal

 

The content in this podcast is my own and does not necessarily reflect the views of my employer.