SBA Loans 101 ntact.com

SOUTH CENTRAL

SBA Loans 101

Is an SBA Loan right for you? Thursday, June 22nd, 11:30 am - 1:00 pm

Ivy Tech, Indiana Center for the Life Sciences 501 N. Profile Parkway Bloomington, IN 47404

Event is Free & Open to Anyone Lunch is Provided

In this free workshop presented by Owen County State Bank, our speaker, Noah Smith will speak from experience about SBA Loans. Noah completed his first SBA loan in 1997 and swore he'd never do another one. In 2005 as he helped oversee the growth of Crossroads Bank into a new market he decided to try the SBA one more time. A prospect had been turned down by 9 other banks because of too much student loan debt thus dashing the dreams of this small business.

Noah and Crossroads gave them a chance with a SBA loan and that business has continued to thrive and grow over the last 10 years. Light bulbs starting going off for Noah about the power of the SBA programs for both Small Businesses and lenders.

We will cover the following topics:

? Why SBA? How it is different than a conventional loan?

? Eligible types of businesses

? How you can maximize your ability to qualify

? Required documentation

PRESENTED BY: Noah Smith BOD Financial Group, LLC

With a diverse background in various aspects of lending, Noah Smith is the founder, CEO, President and owner of BOD Financial Group LLC and has held this position since 2011.

Noah received his Bachelor of Science from Manchester College in 1994 and served as the Assistant Vice President at Indiana Lawrence Bank nka First Financial Bank from 1993-2000. He served as the Senior Vice President at Crossroads Bank fka First Federal Savings Bank of Wabash from 2000-2010.

At the beginning of 2011 he started BOD Financial Group, LLC to help lenders and borrowers process, package , close and service government guaranteed loans. BOD Financial Group, LLC has worked with over 30 lenders in the time frame, gotten approved and closed over 100 SBA loans, having NEVER had a loan turned down by the SBA that was submitted.

To reserve your seat, call Tarah Cromer at 812-330-6261

or email tcromer@ivytech.edu.

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