I've been researching SBA loans for a couple days and this video is the best video I've seen yet. Thank you for communicating everything to be easily understandable.
@scoygary17 күн бұрын
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@scoygary17 күн бұрын
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@robertwilsoniii20487 ай бұрын
$5.5 million... wow. I wasn't aware the numbers were so high. That opens many doors, including into real estate.
@mickeytate12 жыл бұрын
Sounds easy All you got to do is make it to the Moon and back
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@canadianhaitian4 ай бұрын
😂
@PianoLessonwithWarren9 ай бұрын
Great information. Thank you :)
@rehaboth203 Жыл бұрын
Thank you bro. Came across your video and found it informative.
@PracticeYourSpeech Жыл бұрын
Great video! I love everything Lyfe Accounting posts!
@myinhairitance7741 Жыл бұрын
A legitimate person needing a business loan have to go through hell to get a loan. Meanwhile, fools were getting PPP loans with no problems during covid for them to use to shop at Gucci and wherever else! It's not fair! Being an honest person doesn't seem to pay off! Smh
@TheKeppardWife4 ай бұрын
Preach😢
@YouStillNeedToSleep3 ай бұрын
Learn how to lie, cheat, steal and not get caught!
@CocoaBananas2318 күн бұрын
@@YouStillNeedToSleep basically what you have to do. Because the game is rigged anyway so play like them. All millionaires are not good honest people. They have lied cheated and stole to get and stay where they are.
@MrWaterbugdesign3 жыл бұрын
I'm old and worked in more than a dozen tech startups in my career. IMO a loan of any kind should be a last resort. Loans are more useful for businesses with established cash flow to expand. For people starting a new business loans are a serious risk imo. It's best to start as small as possible and learn and then grow.
@ms.kimbrough88193 жыл бұрын
Very good advice
@tonyfields33929 ай бұрын
Speak for yourself
@unknown-hb2to8 ай бұрын
In other words only get a loan if you have the magic touch.
@robertwilsoniii20487 ай бұрын
Well at $5mil and 25 years it seems you commit your entire lifetime to the business anyway. I figure you just keep trying until it works. But you go all in. You can't sign it and change your mind...
@kingwillie2063 ай бұрын
Great advice!
@taraashley54383 жыл бұрын
This is by far the most helpful video I've ever seen on this topic.
@LYFEAccounting3 жыл бұрын
Thanks, Tara! That's the goal 😉
@Kyduh Жыл бұрын
So if you can get a loan from a bank because you have a good personal credit score you can’t get a sba loan?
@anthonymasando88442 жыл бұрын
I like your detailed presentation and made it easy to understand the SBA loans.👏👏
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@consumerlawninja6 ай бұрын
Greatful for your videos. You brake every single thing down on complicated topics. Thank you!
@2002erli Жыл бұрын
This is a very good, practical and instructional video- Thank You ! ! !
@jyroman22 Жыл бұрын
Very informative! Than you, sir!
@TJ-qb4if2 жыл бұрын
Thanks for this video king! Completing the application now. Wish me luck.
@naomiwoods87092 жыл бұрын
Having issues with your sba loan? I can link you with an agent who helped me with my business. You can reach him on lnsta
@naomiwoods87092 жыл бұрын
@sbaofficerdonald. Through there you can get he’s number
@sunshineupgrades Жыл бұрын
This is lit but ya'll should enable closed captions it would be super helpful
@mehmetekinci31499 ай бұрын
I appreciate all the info.
@Fzirawi Жыл бұрын
Thanks for the information great video 👌
@RagnarLothbrok22222 жыл бұрын
Great info man!
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@roneikatate3239 Жыл бұрын
This information is very helpful, Thank You. Do you have a video on how to set your business up for profit? Or can this be established during the Loan process.
@robertopiloto-sanchez60132 жыл бұрын
Fantastic video
@ReMeTeka2 жыл бұрын
Great information, thank you
@a1media3573 жыл бұрын
If you don’t have a business tax return what else could you use or does that make you eligible?
@roxannerodriguez7075 Жыл бұрын
So if I have past due student loans, (that I'm working on) can I ever approve for an SBA loan?
@GhostGrind2 жыл бұрын
Can you get a sba loan to purchases a business that has been around for years?
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@donniebrasco77253 жыл бұрын
you guys stay reading my mind. Ive been doing SBA research for weeks
@LYFEAccounting3 жыл бұрын
Glad to hear I was able to help!
@channeldiali2 жыл бұрын
Can you get SBA loan to start a business???? Meaning never got business before or have one actually.
@YouStillNeedToSleep3 ай бұрын
You first have to have the business: registration with secretary of state, have a business name, business tax ID, business bank account account..you have to have a business ready
@chefprepjustindieh Жыл бұрын
Thanks man! Great info
@JustImmaculate Жыл бұрын
Great video.
@MrCTWIST Жыл бұрын
If a partnership has three owners is it possible to hide 1 of their credit scores?
@Jenaeworld3 жыл бұрын
By far the best video I’ve ever seen in this topic. Answered all of my questions! 👌🏾
@@LYFEAccounting Yes and i do need help! I was thinking of hiring you guys as my CPA for my business but i need to inquire the loan first! Is there any way you can assist me? :)
@beulahgarrick57113 жыл бұрын
What if someone has a BK that is Dismissed or Discharged ?
@reubmgmt185Ай бұрын
I default on a student loan in 1990 but I eventually paid it off in 94 would that disqualify me from 30 years ago???
@neosapien1 Жыл бұрын
I can buy businesses at 1-1.5x SDE and automate them switch into different categories to value at 4-5x SDE but since I have a 620 FICO and a judgment for $6k I guess I don't qualify for SBA on my own. :/ B.S.
@Itsyunlo2 жыл бұрын
Are these requirements the same across all states or are some more difficult to obtain a micro loan?
@vanessaulibarri9270 Жыл бұрын
How do I check my “business Credit score”?
@6henny443 Жыл бұрын
You don’t have one unless you make a dun & Bradstreet and Experian acct
@nspeaks7729 ай бұрын
Dun and Bradstreet
@Cooperkid59712 ай бұрын
I was given 10% of the company and being asked to leverage my home/finances by an SBA lender. I'm i missing something when you said "must own 20% of the business" ?? Meeting with a lawyer this coming week before i sign anything.
@sonyhuu5598 Жыл бұрын
how do i get approved for an SBA 7a loan for a hair salon? i want to be a sole proprietor and hire staff to take care of the shop.
@renaissancem98363 жыл бұрын
Very informative video, keep up the good work
@davewilson463 жыл бұрын
So are they doing sba loans again
@HakingCampbell825 ай бұрын
I have no experience but I'm trying to figure out
@kalyanpaterson81345 ай бұрын
Hire a loan attorney
@rachaelm64062 жыл бұрын
What if your student loan is in default. Will that disqualify one for a SBA loan
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@forever_golfer19812 жыл бұрын
Is Keran the owner of Lyfe Accounting?
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@divinefeminine66263 жыл бұрын
Very good
@mariselagonzalez15422 жыл бұрын
Can you assist with submitting SBA loan application?TIA
@naomiwoods87092 жыл бұрын
I can link you with an sba agent who helped me secure my grant application. You can reach him on lnsta
@naomiwoods87092 жыл бұрын
@sbaofficerdonald. Through there you can get he’s number
@ygnruvere71083 жыл бұрын
What's the website for the Micro loan
@SoloDistrictNews6 ай бұрын
So the government covers a percentage? or pays back if no return?
@kelvinpittman39633 жыл бұрын
I would like to know more about the small business scoring system, please.
@christopherstewart91327 ай бұрын
Any recommendations on lenders?
@biofractal785 ай бұрын
the tittle of this video is misleading. You did not explain HOW. ... Step 1: do this do that. You only described and explain the requirements. I can't find a video that actually explains HOW... thanks for the effort and the information. the name of the video is probably to get attention. Touche...
@ms.lightning56123 жыл бұрын
The simple truth is an SBA Loan is easy to get. However, make sure you understand all the extensive rules & regs that come with it. Not worth it
@aymannakhla708 ай бұрын
Great information. Can I use my HELOC available cash in my bank for the 20% down payment and should i spice this money 90 days in my checking. Thank you
@guestname51413 жыл бұрын
Greatest video. Hands down. Ty kind sir
@soundofonemelody44203 жыл бұрын
You Guys Are The Absolute Best
@LYFEAccounting3 жыл бұрын
You're the best for sticking with us. We appreciate you. 😄
@mohammadalamgir60968 ай бұрын
I am tax prepare ? I had sole proprietor Do I get SBA loan and do I did Debt program for yearly I am owner but not any employee?
@momoamen27023 жыл бұрын
I like ur style of presentation
@claudettewallace49353 жыл бұрын
Thank you
@LYFEAccounting3 жыл бұрын
My pleasure!
@xooq_9 ай бұрын
great thank you
@MyRatingsMakesSense Жыл бұрын
What about those who want to acquire a business?
@fastlanetechnologies25122 жыл бұрын
Can you help me with this process?
@kingrichard_10932 жыл бұрын
I need to get an SBA Loan for a food trailer, idk where to get one and if anyone can direct me or give me any helpful information, thank you.
@healingembers40643 жыл бұрын
What credit score range is preferred for consideration for an SBA loan?
@adamwoodie40292 жыл бұрын
Can you use an SBA loan to buy a family business that has a proven track record of being successful? For example say a convenient/country store
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@adamwoodie4029 Жыл бұрын
@@4_doctorherbherbs yeah, I did. I made 20 million in 3 minutes
@OfficialDanielSilvas3 жыл бұрын
Thank you, Lyfe Accounting for another amazing advice
@LYFEAccounting3 жыл бұрын
My pleasure. Thanks for watching.
@carolynboone33363 жыл бұрын
Great content. Ty
@LYFEAccounting3 жыл бұрын
Thank you!
@jonathanlemus7703 Жыл бұрын
So I can’t get an sba loan if I don’t have business ? 😒
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@Ivan-fs9nz Жыл бұрын
Can you get an SBA loan to open a new business for the first time or does it have to be an existing business?
@shin7998 Жыл бұрын
That’s what I’m trying to find out
@jacobcarter59233 жыл бұрын
Wow! Extremely helpful, thank you!
@LYFEAccounting3 жыл бұрын
My pleasure, Jacob. Thanks for tuning in.
@desmondgraham6503 жыл бұрын
I got a SBA loan , I just bought a business, paying back 900 /month 25 year , " just do it. just, have your documentations.
@anthonyjackson34553 жыл бұрын
What website do u apply on?
@eshanmostofa239110 ай бұрын
where do I apply ?
@HakingCampbell825 ай бұрын
I'm trying to figure out how to get this Loan
@MrRobfriv2 жыл бұрын
Is this the loan I can use to start my business or buy a business?
@susanholt99972 жыл бұрын
The loan is for people who already have a business
@susanholt99972 жыл бұрын
Are you trying to apply for one?
@naomiwoods87092 жыл бұрын
I can link you with an sba agent who helped me with my business
@sandeepsandhu5028 Жыл бұрын
Can I get loan if I already don't own business to start a business?
@emphone66 Жыл бұрын
yes
@queenshay3333 жыл бұрын
I was in default years ago with my student loans ! Going to school to end up paying for school , now it’s stoping the support in my business!! I literally hate that I went to school 😩😩😩😩😩
@fortune3903 жыл бұрын
You need help from the SBA loan officer to get your business up and running again. One helped me out when I was facing the same challenges. Here's his handle
@fortune3903 жыл бұрын
Sba,officer,derrick
@fortune3903 жыл бұрын
On lg
@FinancialFreedomMadeSimple3 жыл бұрын
Wow! Thanks for the idea, very helpful.
@LYFEAccounting3 жыл бұрын
No problem! Thanks for watching.
@ignacioparpal66783 жыл бұрын
Very nice video! I have a question, if im not a owner of busines but want to buy a business i can be approved to SBA LOAN with collateral of the business asset? Thanks!
@jadayachumbris30663 жыл бұрын
Is the able to be forgiven?
@abdikadirmohamedsaid49272 жыл бұрын
How know apply sir
@ziggyc44742 жыл бұрын
Which sba loan is one for starting up a business ?
@toddyates58542 жыл бұрын
Apply with sbaronald
@toddyates58542 жыл бұрын
On Insta-..
@toddyates58542 жыл бұрын
I’ll suggest you apply with sba
@toddyates58542 жыл бұрын
ronald
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@miasherrer25413 жыл бұрын
Can you tell me apply for mine
@AJ-pg6rg2 жыл бұрын
It’s way too many scams comments under this video. It’s up to the content creators to manage it. Hopefully people won’t fall for these scammer. Beware
@fuzzypanocha3 жыл бұрын
My company got the first loan of 150,000 yet wouldn't qualify us for the second loan up to 500,000. Doesn't make sense at all and it's pissing me off.
@sigmundpannu93173 жыл бұрын
You are referring to EIDL, while this gentleman is discussing traditional, non disaster related, SBA loans.
@whopperheadtv14163 жыл бұрын
Could u help me.
@fortune3903 жыл бұрын
Sir O'Leary your company needs proper guidelines from a loan officer. One assisted my niece with her's. Here's his handle
@fortune3903 жыл бұрын
Sba,,officer,,derrick
@fortune3903 жыл бұрын
On lg
@forever_golfer19812 жыл бұрын
So I can get an SBA loan to start a gym for example?
@naomiwoods87092 жыл бұрын
You need to have a business going. I can link you with an sba agent who helped me with my business
@naomiwoods87092 жыл бұрын
@sbaofficerdonald.
@naomiwoods87092 жыл бұрын
You can reach him on lnsta. Through there you can get he’s number
@Asadkhan-oq9wm Жыл бұрын
@@naomiwoods8709 I need loan can u give me?
@minsoo83272 жыл бұрын
75% to 90% or 75% to 95%? 8:20
@4_doctorherbherbs Жыл бұрын
Did you try doing the cash hack program, I did invest in the cash hack and I got paid $20,000 in few hours
@Westlatvv3 жыл бұрын
I need help on my mine
@Westlatvv3 жыл бұрын
Damn bots
@lilzach062 жыл бұрын
Who are the lenders for startups
@jonathanwhalen104110 ай бұрын
thank ypu
@GODHATESADOPTION3 жыл бұрын
Is mining bitcoin passive income?
@KuntryBlackBo3 жыл бұрын
How miner do you have? I'm trying to get into it myself
@anthonymazar31782 жыл бұрын
If a man can beg one thousand dollars a week on a street corner and it's been done many times over y even ask the SBA with all their bureaucratic red tape and so many rules that deny the average man, certainly won't ask a loan from them. I can get it on street corners and don't have to pay it back, cause I ask and recieve from the people and we're both blessed freely.
@stevenanderson7194 Жыл бұрын
Thank you for this video. If my business is registered in the U.S. and I live in the U.S. but I want to use the funds to operate a business in Africa, does that disqualify me from an SBA loan?
@tonyvuong64593 жыл бұрын
Can you help application ?
@tonyvuong64593 жыл бұрын
How to contact you to help application my friend
@jonathanstriedinger96853 жыл бұрын
Please help me fill it out
@anthonymazar31782 жыл бұрын
No! I can beg more money on certain street corners and I have. To he'll with the SBA!!!
@TrapstarJolene6 ай бұрын
👏👏👏
@MathildaArthur-e4l3 ай бұрын
Bahringer Lights
@watchmovies77133 жыл бұрын
as a temporary former SBA employee this is interesting video to me
@tooblampow43132 жыл бұрын
My name is Koran Smith this may be the video for me🤣
@naomiwoods87092 жыл бұрын
I can link you with an sba agent who helped me with my business. You can reach him on lnsta
@naomiwoods87092 жыл бұрын
@sbaofficerdonald
@quintonjamar69432 жыл бұрын
Loan?
@susanholt99972 жыл бұрын
Yes the loan is for people who have businesses already
@susanholt99972 жыл бұрын
Were you able to file for yours?
@naomiwoods87092 жыл бұрын
I can link you with an sba agent who helped me with my business. You can reach him on lnsta
@naomiwoods87092 жыл бұрын
@sbaofficerdonald. Through there you can get he’s number