In this episode of “Take it to the Bank,” Tim Bridgers and Ryan Thogmartin dive into the crucial differences between SBA and conventional loans for 2024. Discover how SBA loans offer flexibility, longer terms, and government guarantees, making them ideal for new and expanding businesses. They also discuss the advantages and stricter requirements of conventional loans, especially for large-scale expansions. Get expert insights on loan characteristics, leverage, and strategies for securing the best financing options for your business growth. Don’t miss this informative episode packed with valuable financial advice!
Tim Bridgers can be reached at 910-233-5865
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More information on Live Oak Bank: www.liveoakbank.co