Friday, April 03, 2009

Space Access 2009 - Kevin Greene, "The SBA-Guaranteed Business Loan Process"

Kevin Greene is with American Capital Credit Corp, which is out of Nevada. The company can help any where in the United States. He is a consultant to help people start up businesses with Small Business Administration (SBA) loans. The SBA doesn't lend money. Banks lend the money and the SBA guarantees the money. The SBA turn around time has dropped dramatically from five months.

Kevin's group helps people submit the application. They look for banks interested in the type of loan. The 7(a) loans can go up to two millions. The 504 loans can go up to eight millions. Kevin listed things loans can be used for, a long list.


The full agenda


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1 comment:

Name It said...

Maybe you could cite what credentials SBA has in order for them to be trusted by the people and their actual role in this lending process. Anyways, this was good news to begin with.