Ep. 234 | Navigating SBA Loans with First Bank of the Lake | FLAGGL Small Business Lender Conference 2023 Series

Join us for an informative episode as we delve into the world of SBA (Small Business Administration) loans with two experts from First Bank of the Lake: Eric Dunham, Vice President SBA Manufacturing & Exporting Senior Business Development Officer, and Igor Milanovic, Vice President SBA Senior Underwriter Manager. In this episode, Eric and Igor share their extensive backgrounds and career pathways that led them to First Bank of the Lake. Discover their journey in the banking industry and how they became key players in SBA lending. First Bank of the Lake is a notable financial institution, often referred to as "the biggest smaller bank there is." Eric and Igor shed light on what sets their bank apart and how they achieved recognition from the SBA as a top 2 production bank. This achievement highlights their exceptional ability to close a significant number of SBA loan deals. Learn about the diverse range of SBA loans that their bank offers and how they leverage specialized teams to cater to various industries, providing nationwide support to small business owners and operators. The episode explores the importance of understanding the nuances of the SBA program and how different banks may have their unique preferences and approaches within the framework of the SBA SOP (Standard Operating Procedure). Eric and Igor emphasize the significance of effective communication between teams to address potential issues and ensure a smooth loan approval and closing process. Tune in to gain a deeper understanding of SBA loans, banking industry insights, and the exceptional services offered by First Bank of the Lake. Recorded live at this year’s FLAGGL Small Business Lender’s Conference hosted at The JW Marriott Orlando, Grande Lakes Learn more about First Bank of the Lake: https://www.fblake.bank/