Ep. 235 | Insider Look: at Small Business Financing with SBA Expert | FLAGGL Small Business Lender Conference 2023 Series

Join us for an enlightening episode as we delve into the world of small business financing with Ray Drew, an SBA lending expert and the host of the SBA Ray Podcast, the #1 SBA lending podcast. Ray is also the Managing Business Development Officer at Fund-Ex Solutions Group. In this episode, you'll gain insights into Ray's remarkable background and journey in small business lending. With 12 years of experience, Ray has dedicated his career to helping small business owners navigate the complexities of SBA borrowing. Discover how Ray transitioned into non-bank lending and played a pivotal role in elevating his previous institution to a top 10 lender in the country. He shares the passion that drives him to assist small business owners and aspiring entrepreneurs in building their business empires through various financial strategies, including owner-occupied commercial real estate, business acquisitions, and partner buyouts. As Florida sees a growing number of baby boomers looking to retire and sell their businesses, Ray sheds light on the intricacies of buying an existing business. Learn about the due diligence process and the key factors to consider when evaluating a business's financial health and value. Ray discusses the importance of financial due diligence and the role of the seller note in ensuring a smooth transition after the purchase. He also emphasizes the significance of qualitative factors like customer relationships in the evaluation process. Discover Ray's podcast, "The Art of SBA Lending," where he provides invaluable insights into SBA lending best practices, interviews with industry experts, and information on accessing capital. Whether you're a small business lender or a borrower seeking financial solutions, Ray's podcast offers a wealth of knowledge. Ray touches on recent changes in the SBA lending landscape, including sweeping updates to the 7A program and the importance of technology in streamlining the lending process. Learn how the SBA is driving efficiency and making it easier for small business owners to access capital. Don't miss this opportunity to gain a deeper understanding of small business financing, entrepreneurship, and the future of SBA lending with one of the industry's most trusted voices, Ray Drew. Recorded live at this year’s FLAGGL Small Business Lender’s Conference hosted at The JW Marriott Orlando, Grande Lakes Learn more about Fund-Ex Solutions Group: https://fundexsolutions.com/  Tune into Ray’s Podcast: https://www.artofsba.com/ Check out Ray's YouTube Channel: https://www.sbaray.com/