Now, more than ever, it is imperative that business owners and entrepreneurs understand the opportunities available to them. Unfortunately, there is a fundamental lack of understanding about the SBA and its resources. Information about the SBA needs to be accessible and understandable, and common myths about the program need to be busted.

An SBA 7(a) loan is a financial tool designed by the Small Business Administration (SBA) to get money into the hands of small business owners. An SBA 7(a) loan isn't a loan directly from the SBA; rather, the SBA helps small business owners secure loans by guaranteeing a portion of the amount borrowed. SBA loans allow for projection-based underwriting, which allows prospective franchise business owners to obtain capital for initial businesses or store expansion based on profitability estimates.

Now the need for education is urgent: traditional SBA loans are an invaluable tool to help businesses start, survive, and thrive this year. There are multiple types of SBA loans — each with its own terms and conditions. The best SBA loan for you will depend on how you plan to use the funding. This CPE webinar will help you to understand what the SBA actually does and why is it so important for business owners.

Learning Objectives:

• Identify common myths about the SBA


• List the multiple types of SBA loans and what they do


• Summarize what SBA actually does and why it is so important for business owners