Financial Cents | Arizona's Financial Podcast
Brent Cannon, executive vice president, director of community banking at National Bank of Arizona® is your host of Financial Cents, Arizona’s Financial Podcast. Each episode, Brent invites fellow banking colleagues with decades of experience in the financial industry to provide both financial and business insights that you could only get if you had a friend in the industry.National Bank of Arizona was founded on the mission to build local relationships, deliver financial literacy and exceptional customer service. More than 30 years later this approach has not changed, serving almost all the communities throughout the state of Arizona. By seizing technology opportunities in the 21st-century, National Bank of Arizona continues this approach with the foundation in which this organization was built upon. This financial podcast was created in efforts to continue to connect with consumers and business owners, building relationships with new listeners and currents clients alike. To learn more, check out nbaz.com/financial-cents.
Financial Cents | Arizona's Financial Podcast
When to Get an SBA Loan (and When You Should Wait)
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Thinking about applying for an SBA loan to grow your small business or startup? SBA loans can be a powerful tool for business growth, buying real estate, or scaling operations, but they are not always the right fit.
#SBALoan #BusinessFinanceTips #StartupFunding
We discuss how SBA loans work, the key differences between SBA 7(a), SBA 504, and SBA Express, and how to position your business for approval.
👇 We cover:
✅ The 3 best times to use an SBA loan
✅ When SBA loans do NOT make sense
✅ Why refinancing losses with an SBA loan is risky
✅ How to think about debt vs smart leverage
✅ The importance of working with an SBA Preferred Lender
In this episode of Financial Cents, Chris Sarver, Business Manager, sits down with host Brent Cannon, President and Director of Community Banking, to share the best uses for SBA loans and when it may not make sense. Whether you’re launching a startup or scaling an existing business, this episode will help you approach SBA financing with confidence.
👉 Learn how to get a 1.50% rate discount on select SBA loans with rates as low as 6.00%
(Subject to approval. Your rate may be higher.)
https://www.nbarizona.com/business/landing/sba-promo/
👉 Learn more about SBA loans:
https://www.youtube.com/playlist?list=PLquejpmytTfrELo-M9vq-mNlNm2DMnAu8
#Finance #Entrepreneur #Entrepreneurship #BusinessFunding #SmallBusiness #BusinessLoans #FinancePodcast
#BusinessPodcast #BankingTips #FinancialEducation #NationalBankofArizona #Nbaz # FinancialCents #ArizonaBusiness #ArizonaSmallBusiness
Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/