Well agreed, I once assumed I had a hang of the market, accrued a few bucks and got super elated, not until I stumbled upon a portfolio coach who didn't only hedge my portfolio from the COVID-19 crash, but so far gained over 330% ROI. IMO, nothing beats expertise.
Personally, I delegate my excesses to someone of great expertise, *Katherine Nance Dietz*. Preferably, you can look up the name on the web; her qualifications speak for themselves.
I've stuck with **Katherine Nance Dietz** for 4 years now, and her performance has been consistently impressive. She’s quite known in her field, so you can confirm her on the internet.
Insightful comments; easily spotted **Katherine Nance Dietz** after inputting her full name on my browser. I find her extremely knowledgeable with over two decades of experience.
Bro this is amazing. I have an SBA horror story. I went to buy a company to expand my pool company And it drug on for about six months and come to the end tell us that we could get to financing for ridiculous reasons. Basically we went through a local bank who was unqualified to give us an SBA. Great job looks like Glenn knows what he’s doing. I’m about to buy another company either the end of this year next year so I’ll definitely be get in touch with him
I’ll give Huntington bank a call tomorrow. I went on their website and they have a list of loan officers and showed the states that they are in but I didn’t see California which is the state I plan on buying the franchise in. They claim to be #1 SBA Lender in the Nation. So I’d assume they do it in all states right?
@@TariqJohnson thanks so much for your knowledge... I'm sure Glenn New office in Nashville and nationally could use my pressure washing services right 😅, peace.
Im finalizing the acquisition of a bigger location a few towns over in the same line of business. Ive always wondered about the SBA program but due to lack of information ive never followed through with dealing with anyone in the SBA program.
Love this'' Vlog" Thank you T.. I had 0 Faith in the SBA from last Year.. It was a Nightmare... I never received a the Grant" I was Approved' for.. And mu Business Expired so then i was Denied" actually from" my business expiring' after waiting a whole Year" to receive funding.. Just a Nightmare... but am so happy to hear that there are Consultant's that can help' the New Businesses.... Hopefully some businesses can be reestablished' with out all the high fee's.. My New fees are $1024 to reestablish way out of my buget' but am praying for small business owners...
Hi Tariq. I’m looking to buy a business without down payment for the business loan I do need to fix my score credit It’s not that low What is your suggestion for this request ?
I have a great SBG rep I would not change her for anything. She goes over my business plan its taking me about 2 years still working on the BP. I also worked on my credit the whole time.
Hey Tariq. Great video. My partners and I are in the market for a SBA loan. Appreciate this interview with Glenn. My partners and I are reaching out to him. Thanks and keep up the great work.
Hi Tariq,. Could you make a video of the step by step processes involved from nothing to running a business, such as what are the chronological steps you have to take for the business to be up and running, because I am very confused!
Hey Jashan, I’ve done a video like that in the past that is franchise specific : How to Buy A Franchise [2022] EASY 9 Step Guide ua-cam.com/video/oD7IIXaHFsg/v-deo.html
I get it. It took me 9 years from when I first started looking at franchising, until I bought my first one. I believe in you buddy. You can do this. 👊🏾
So if a General Contractor/developer to build single family homes can't get an sba loan. Although I am a small business and could use a working capital loan or a line of credit for small jobs.
I need to contact this man for my SBA loan. I listened to a lot of other people. By far, this man make the most sense to me. I would love to work with him
So when considering an SBA loan, which we currently are to expand, do you just go to your local Huntington Bank? Or does Glen work with small business applications from all over?
I am scared I won't get SBA loan. If I don't get approved we end up going under. I got credit in low 500's and been LLC since Aug 31 2022. Service truck I use falling apart. And equipment and inventory causing us have to turn away some of work.
Hey think you can help me or give me advice on what to do about an approved loan that was always approved but never funded in over three years. Now they say they canceled it.
Tariq, thank you for all the information you provide. I have a company that invests in oil and gas wells/water, etc and am looking for capital. It doesn't sound like I could qualify based on the type of business I am in. Any thoughts? Thank you again for all of your info. Would love to purchase a franchise for cash flow. Trying to learn about this as much as possible.
Hello. I'm a truck driver. And I just started my own company. RHO-Trucking. I'm looking for grants or a loan. Is a SBA loan, good for truck drivers and how would it benefit me, to help get my 1st truck and supplies.
How can I speak to this guy? My SBA loan was approved in September 2020 and I still haven't gotten my money!!! I'm so pissed about this!! I've lost alot because of this..my business was starting to grow and because of the SBA sandbagging my disbursement for 2 years I've lost almost everything in business!! I call the sba and keep getting the line.
They were a Nightmare last year" I waited a whole year to receive the Grant" till my Business Expired" they Denied" me on an expired" License with in a week" But took a year waiting for the Grant" Awful
Are these loans ever made without a personal guarantor? Last thing I want is to take a shot in a small business, have the business fail since more than 50% do, and then have the creditor come after my personal assets bc I’m a personal guarantor. If the Sba already covers the loan why also come after the owners personal finance?
After receiving preapproval from Ready Capital, the process has stalled. Could Huntington assist me? Quality candidate w MD/MBA and collateral. Startup low volume.
My wife and I are trying to start the Cargo Van hauling business, but I need funds to start buying equipment and Caro van, including LLC,Website, and advertising material.including commercial business and LLC Insurance. Advise and help with tip. What do I need to start applying
It sounds like we are one of those categories. We expanded last year, but couldn’t get loans. Would could only get credit, and now have high interest. I’m not sure if I list as debt consolidation or expansion now or if that affects our qualification.
Tariq, I am looking at purchasing a franchise. The franchise I am looking to buy said that I need approx. 150K to start this would cover about 3 months of being in business. I know that it will take much longer than 3 months. How much can you apply for? Can you purchase the real estate with the SBA? Who can I talk to about this?
1. Determine what's most important to you in the lender. 2. Review all terms, the company, options, etc. 3. Decide based on what's important to you and all the terms.
I got an sba loan that got returned because my bank account was closed...I have yet to get that money... how would I go about getting it back? Any suggestions?
For properties, should you get an SBA loan or utilize a lower percentage for your second home? (Airbnb question). Also, considering the guy you’re questioning, it seems he only offers funding for commercial real estate instead of those looking to risk it in airbnbs.
@@TariqJohnson Bro needs to improve his speaking skills. Saying "kinda" 3 times in a sentence and in every sentence indicates lack of confidence and is hugely distracting. I hope I kinda answered your "eh?"
Hello !! I would like to start a new business and use a SBA loan as a funding option. In the case I want to expand the business in the future, can I request for another SBA loan ? How many times can a business owner apply for those loans ? Great podcast, thank you.
It May be great content, however I cannot get a SBA loan because I have no personal credit at all! The 3 major credit bureaus refuse to report any payments I make unless I pay them for their programs to report my payments! Does this sound like fraud to anyone else?
I want to know can I get a SBA loan I have over 700 credit score my business been in existence since 2021. I don’t have the capital how can I get the loan?
What SBA Loan questions do you have?
You can reach Glenn at GGiro@tbank.com . (He is now with a different bank) Tell him you saw him on this podcast!
Banks don't like bitcoin like taxi companies don't like Uber and hotels don't like Airbnb. I'd rather spread my funds around for safety.
Bitcoin is a bank in cyberspace with better returns, but most people may need an advisor to maintain a balanced growth portfolio.
Well agreed, I once assumed I had a hang of the market, accrued a few bucks and got super elated, not until I stumbled upon a portfolio coach who didn't only hedge my portfolio from the COVID-19 crash, but so far gained over 330% ROI. IMO, nothing beats expertise.
Personally, I delegate my excesses to someone of great expertise, *Katherine Nance Dietz*. Preferably, you can look up the name on the web; her qualifications speak for themselves.
I've stuck with **Katherine Nance Dietz** for 4 years now, and her performance has been consistently impressive. She’s quite known in her field, so you can confirm her on the internet.
Insightful comments; easily spotted **Katherine Nance Dietz** after inputting her full name on my browser. I find her extremely knowledgeable with over two decades of experience.
I enjoyed this video. So many bankers, slough off SBA loans. Glenn is a special banker representing a great bank for SBA Loans.
Bro this is amazing. I have an SBA horror story. I went to buy a company to expand my pool company
And it drug on for about six months and come to the end tell us that we could get to financing for ridiculous reasons. Basically we went through a local bank who was unqualified to give us an SBA. Great job looks like Glenn knows what he’s doing. I’m about to buy another company either the end of this year next year so I’ll definitely be get in touch with him
Are you able to secure your grants funding application assistance yet???
Where are you originally from??
I do t believe so. Indiana.
@@jonport_ 325
@@jonport_ 261
I found Glen from this podcast. We are at the last stages of a challenging process. Glad has been fantastic!
Awesome Mitch! Glenn is first class for sure.
This is great content and right on time. Thanks Tariq and Glenn.
Our pleasure! Glad it's helpful for you Bobb.
I’ll give Huntington bank a call tomorrow. I went on their website and they have a list of loan officers and showed the states that they are in but I didn’t see California which is the state I plan on buying the franchise in. They claim to be #1 SBA Lender in the Nation. So I’d assume they do it in all states right?
Just email Glenn directly. They are nationwide for SBA loans.
Glenn.Giro@huntington.com
@@TariqJohnson thanks so much for your knowledge... I'm sure Glenn New office in Nashville and nationally could use my pressure washing services right 😅, peace.
Where are you originally from??
That email doesn’t seem to be valid. I got a response, but it was referring me to another person.
Im finalizing the acquisition of a bigger location a few towns over in the same line of business. Ive always wondered about the SBA program but due to lack of information ive never followed through with dealing with anyone in the SBA program.
Hello! 13 minutes in and will definitely be reaching out to Glenn regarding an SBA loan and I’m in Nashville Tennessee! :)
Awesome!
Are you able to secure your grants funding application assistance yet??
Nice information. Your videos & inspiration gives me hope. . Continue to uplift, & bless others with your amazing knowledge, sir
You made my day! Thank you 😁
Love this'' Vlog" Thank you T.. I had 0 Faith in the SBA from last Year.. It was a Nightmare... I never received a the Grant" I was Approved' for.. And mu Business Expired so then i was Denied" actually from" my business expiring' after waiting a whole Year" to receive funding.. Just a Nightmare... but am so happy to hear that there are Consultant's that can help' the New Businesses.... Hopefully some businesses can be reestablished' with out all the high fee's.. My New fees are $1024 to reestablish way out of my buget' but am praying for small business owners...
Ah, that doesn’t sound fun.
Can’t you create another business
omg ive had the exact same experience....the worst experience
Hi Tariq. I’m looking to buy a business without down payment for the business loan I do need to fix my score credit It’s not that low What is your suggestion for this request ?
I have a great SBG rep I would not change her for anything. She goes over my business plan its taking me about 2 years still working on the BP. I also worked on my credit the whole time.
That's great!
Were you able to get a SBA LOAN?
Good stuff! Never try to bookkeeping on your own. I’ve tried this and almost destroyed my businesses.
Spot on.
Thank you for the video and thanks for introducing Glenn Giro.
Our pleasure!
I just fond this channel. Great information. Your channel should be bigger with the amount of gold level info you give. Keep up the good work.
Thanks for that. I’m working on it! Hopefully soon.
Awesome content from the lender himself...Thank you it was an awesome video with so much helpful information
Glad you enjoyed it!
Great content ! Looking to expand my current businesses. This information filled in a lot of blanks. Thank you!
Glad it was helpful!
Hey Tariq. Great video. My partners and I are in the market for a SBA loan. Appreciate this interview with Glenn. My partners and I are reaching out to him. Thanks and keep up the great work.
Excellent, good luck with the process!
Hi Tariq,. Could you make a video of the step by step processes involved from nothing to running a business, such as what are the chronological steps you have to take for the business to be up and running, because I am very confused!
Hey Jashan,
I’ve done a video like that in the past that is franchise specific :
How to Buy A Franchise [2022] EASY 9 Step Guide
ua-cam.com/video/oD7IIXaHFsg/v-deo.html
Are you able to secure your grants funding application assistance yet
Requirements 24:00
👌
Great interview. Thank you for the valuable information.
I have $100k from penny stocks and crypto. No other assets. Can I get an SBA loan to buy a business?
Cash is always the roadblock, 20 down and 50 in the bank is not really easy for the average person
I get it. It took me 9 years from when I first started looking at franchising, until I bought my first one.
I believe in you buddy. You can do this. 👊🏾
So if a General Contractor/developer to build single family homes can't get an sba loan. Although I am a small business and could use a working capital loan or a line of credit for small jobs.
What’s the average collateral pledged by the borrower?
This is great info. Cab I apply for an SBA loan to acquire a land and build a gas station/franchise gas station?
Generally speaking, yes.
I need to contact this man for my SBA loan. I listened to a lot of other people. By far, this man make the most sense to me. I would love to work with him
do i have to be employed in order to take out SBA 7 a loan for a hairsalon?
Does the SBA require the borrower to use their home as a personal guarantee?
Many times, yes- but it just depends on your financial situation. You must have collateral to get the loan.
How to get in touch with glen
Great info, Im looking to get funded by VC or investment bankers to purchase commercial property to build a franchise on.
Nice!
Is there a basic clear fine line? For 1st time small business owner? Basic i am typing for a minimum of $50k or mac $100k...
So when considering an SBA loan, which we currently are to expand, do you just go to your local Huntington Bank? Or does Glen work with small business applications from all over?
Glenn works all over.
I'm still paying for an sba loan
Can Canadian citizen, with E-2 visa get SBA loan?
I am scared I won't get SBA loan. If I don't get approved we end up going under. I got credit in low 500's and been LLC since Aug 31 2022. Service truck I use falling apart. And equipment and inventory causing us have to turn away some of work.
You need at least 675 credit score to get an SBA loan. Gotta get that credit up man!!
Hey think you can help me or give me advice on what to do about an approved loan that was always approved but never funded in over three years. Now they say they canceled it.
Have you reached out Glenn?
Hello,
Do you know if SBA will assist in starting ATM business ?
Not sure
Tariq, thank you for all the information you provide. I have a company that invests in oil and gas wells/water, etc and am looking for capital. It doesn't sound like I could qualify based on the type of business I am in. Any thoughts? Thank you again for all of your info. Would love to purchase a franchise for cash flow. Trying to learn about this as much as possible.
I don’t think you can use an SBA loan for an investment, only to start or acquire a business.
Hello. I'm a truck driver. And I just started my own company. RHO-Trucking. I'm looking for grants or a loan. Is a SBA loan, good for truck drivers and how would it benefit me, to help get my 1st truck and supplies.
I think an SBA loan can help anyone who qualifies and needs capital. Whether it’s the best option for you, I don’t know or have info for that.
@TariqJohnson I applied. But didn't get approved.
Got a question. I am a business owner of a construction company and got the financials. I can’t get an sba loan to buy land, build houses , and sell ?
I'm not sure about that one- that would be a good question for Glenn
How can I speak to this guy? My SBA loan was approved in September 2020 and I still haven't gotten my money!!! I'm so pissed about this!! I've lost alot because of this..my business was starting to grow and because of the SBA sandbagging my disbursement for 2 years I've lost almost everything in business!! I call the sba and keep getting the line.
His email is in the description. Glenn.Giro@huntington.com
Are you able to secure your grants funding application assistance yet??
They were a Nightmare last year" I waited a whole year to receive the Grant" till my Business Expired" they Denied" me on an expired" License with in a week" But took a year waiting for the Grant" Awful
Great Interview Tariq... Congrats on your channel.
Much appreciated!
Important question: In order to qualify for these does it need to be under a corporation?
No
Are these loans ever made without a personal guarantor? Last thing I want is to take a shot in a small business, have the business fail since more than 50% do, and then have the creditor come after my personal assets bc I’m a personal guarantor. If the Sba already covers the loan why also come after the owners personal finance?
Not usually. Most require a PG.
Really good info! Explains a lot especially when you don't know where to start
Glad it was helpful!
After receiving preapproval from Ready Capital, the process has stalled. Could Huntington assist me? Quality candidate w MD/MBA and collateral. Startup low volume.
Possibly, reach out!
Im ready to start im willing to sacrifice everything for this what steps i see it doesn’t matter if its 12 months or 6 months i see this clearly
Good luck!
I'm glad I found this video very informative, time to get started on my business plan
You got this!
Hi Tariq, I have a question if i may ask you. Could i get an SBA loan to buy an existing laundromat or car wash if I've never owned one now or before?
Yep
@TariqJohnson Thank you Sir.
Great info I would like to grow my trucking company, i have a lease on a truck is there any way i can get help to grow???
Reach out to Glenn and ask! Glenn.Giro@huntington.com
Are you able to secure your grants funding application assistance yet??
If you have a bankruptcy on your credit report from 6 years ago do you half to keep waiting to get an SBA loan until it falls off?
I’m not sure, that’s a question for SBA lenders.
I need to talk with Huntington Bank....
My wife and I are trying to start the Cargo Van hauling business, but I need funds to start buying equipment and Caro van, including LLC,Website, and advertising material.including commercial business and LLC Insurance.
Advise and help with tip. What do I need to start applying
Talk to a business banker at your bank and watch this video on funding.
ua-cam.com/video/VQhnGLuHDTs/v-deo.htmlsi=JiB5OG4qRDocb6hh
The email address you provided for Glenn doesnt work.
Works for me. If you copy and pasted the (.) from the end, remove it.
It sounds like we are one of those categories. We expanded last year, but couldn’t get loans. Would could only get credit, and now have high interest. I’m not sure if I list as debt consolidation or expansion now or if that affects our qualification.
Hello . Please schedule a 1:1 with me . I am a licensed broker and I can assist your with business funding . I am an affiliated branch of the Sba
Great information thanks for sharing
Tariq, I am looking at purchasing a franchise. The franchise I am looking to buy said that I need approx. 150K to start this would cover about 3 months of being in business. I know that it will take much longer than 3 months. How much can you apply for? Can you purchase the real estate with the SBA? Who can I talk to about this?
You should reach out to Glenn.
So how would i apply for a SBA backed loan if the the owner of possible business being bought wants to see proof of funds first?
Provide a pre approval letter for the loan amount and show proof of funds for the down payment you’ll need. Typically 10% down is required.
What qualifications do you have to have in order to get approved for the loan
I think typically at least 675 credit score, and 20% down.
Hello, is Glenn still working for Huntington Bank??
Yes
I want to apply for SBA loans
Does this information still apply with higher interest rates? Are banks still willing to loan?
Yessir
Nice information
Thanks!
How do you choose a lender from all the ones you’re sent?
1. Determine what's most important to you in the lender.
2. Review all terms, the company, options, etc.
3. Decide based on what's important to you and all the terms.
Thanks so much for the response @@TariqJohnson
Is it ok to write a business plan in the bullet point format
Probably not. There are a lot of business plan templates for free online.
Thanks for this presentation. Very helpful.
Glad it was helpful!
I have been wanting to open a business but would need a lot of help with finances.
Start small.
Hello … is it true that the SBA is providing instant loan approval if you qualify on 500k or less
I haven’t heard of that.
I got an sba loan that got returned because my bank account was closed...I have yet to get that money... how would I go about getting it back? Any suggestions?
Are you sure it was an SBA loan? Sounds like PPP or ERC.
Great information 👍🏿
Thanks Kim!
The SBA 504 Loan is a better product for projects that include real estate. This loan is strictly for fixed assets based projects.
Thanks for the tip!
For properties, should you get an SBA loan or utilize a lower percentage for your second home? (Airbnb question). Also, considering the guy you’re questioning, it seems he only offers funding for commercial real estate instead of those looking to risk it in airbnbs.
I don’t think you can buy airbnbs with an SBA loan.
Love love this information
How many "kinda" was that?
eh?
@@TariqJohnson Bro needs to improve his speaking skills. Saying "kinda" 3 times in a sentence and in every sentence indicates lack of confidence and is hugely distracting. I hope I kinda answered your "eh?"
@@TariqJohnson It may seem like I'm throwing a flame, but it's for his own results.
I am looking at buying a business. They will hold a note for 300k 5 years @7%
They want 300k cash. Is an SBA under the cash category ?
No, but it would get them the other $300k paid up front. SBA process will take 60-90 days to close.
Hi can you help me with my sba 7A Process
I wonder how much of this is still relevant in July 2023.
All of it.
Hello !!
I would like to start a new business and use a SBA loan as a funding option. In the case I want to expand the business in the future, can I request for another SBA loan ? How many times can a business owner apply for those loans ?
Great podcast, thank you.
I don't think there is a limit- but don't quote me on that.
what about veterans Express SBA loans.
What about them? Meaning why didn't we cover it, or you have questions about it?
very interested I need a small business loan
How about if you have a felony?
I'm not sure about that, google it.
It May be great content, however I cannot get a SBA loan because I have no personal credit at all! The 3 major credit bureaus refuse to report any payments I make unless I pay them for their programs to report my payments! Does this sound like fraud to anyone else?
That’s weird, I’ve never heard of that.
I’m new on this channel and I would be looking to tap in while building my business though I would love to get some income coming in from the company
Nice
I want to know can I get a SBA loan I have over 700 credit score my business been in existence since 2021. I don’t have the capital how can I get the loan?
Reach out to an SBA lender and apply. If that doesn't work, you can apply for conventional business loans or lines of credit.
Glen email is no longer working is it another way to contact him?
I email with him weekly. It works just fine.
Glenn.Giro@huntington.com
I’m currently looking into the SBA process to buy a business, should I send a Loi and an offer before I apply for financing or after it’s been secured
You can go either way,. You can't fully apply until you have a signed purchased agreement, before that it's just a soft pre approval.
Good information
thanks!
- I like this guy. He wiggles almost as much as I do.
My money don't jiggle jiggle.
Great information thank you for sharing!🙂🤩
Glad it was helpful!
Very informative, great discussion. I just texted Glenn, so let me say thank you.
Awesome, my pleasure.
I’m looking for SBA loan to buy commercial property and I’ve been in the business for over 15 years San Diego California
Great information
Glad you liked it!
75% of the Loan & 50% On Lines Of Credit Good 👍
👌
Can we get SBA loan to buy gas station ?
I don't see why not.
Hello how can I apply loan.
Book a Call with my team, and they will be able to provide you a custom strategy. -> www.buyaprofitablefranchise.com/o-booking
This was great!
Boom! Glad you enjoyed it.
Can you help me get into contact with Glenn Giro
Email him Glenn.Giro@huntington.com
Need to make initiatives with road block free vision for my business development
Not fully sure what that all meant to be honest.