{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Future of the SBA 7a Program feat. Mike Breckheimer, Charles Rho, & Bob Coleman | Ep. 165","description":"This week on The Art of SBA Lending we\u2019re bringing you through the evolution of The SBA. What started as a small-scale government program in 1953 has grown into a $35+ billion industry, touching every corner of U.S. business. In this episode, The Art of SBA Lending explores the dynamic story of SBA 7(a) \u2013 and the potential paths it might take. Ray and an expert panel of Art of SBA Contributors discuss: \u27a1\ufe0f Reaction to the bold changes of 2023: whether the concerns surrounding the sweeping changes made in 2023, such as the \u201cDo What You Do\u201d policy and new SBLC licenses, were justified or overblown. \u27a1\ufe0f Zero-subsidy model: Ray asks the panel if they think the zero-subsidy model (where the program is funded through fees, not government appropriations) will continue, considering the government\u2019s massive deficits and spending. \u27a1\ufe0f Emerging technologies: The panel shares thoughts on emerging technologies that could transform the SBA lending space. As well as desired and anticipated changes for the industry over the next 5 years and what it\u2019s going to take to stand out. Join Ray Drew, Bob Coleman, Charles Rho, and Mike Breckheimer as they reflect on where SBA 7(a) is headed next. \ud83c\udf99\ufe0f This episode is sponsored by: CORPSMART CORPSMART is a due diligence group that specializes in lien searching, UCC filing, DMV title recordings and more. If you're looking to streamline your process, the CORPSMART team is the best resource, offering a wide range of services, capability to directly integrate with your in-house systems, and the icing on the cake, their over-the-top customer service, making every deal that much easier to close To discuss your due diligence needs visit the CORPSMART website at CORPSMART\u2122 - CORPSMART\u2122 for more information or to set up a get acquainted call, email McKenna Weiks at McKenna@corp-smart.com - and let them know that the Art of SBA sent you! Rapid Business Plans Rapid Business Plans is the go-to provider of business plans and feasibility studies for government guaranteed small business lenders. For more information, or to set up a Get Acquainted call go to http:\/\/www.rapidbusinessplans.com\/art-of-sba BDO\u2019s\u2026let\u2019s start your weeks strong! Sign up for our weekly sales advice series, Sales Ammo. Every Monday morning wake up to a piece of Rays sales advice in your inbox to help you rise to the top. Subscribe here: https:\/\/www.artofsba.com\/army-of-bdos Loving The Art of SBA Lending episodes? Make sure to follow along with our sister shows, The BDO Show and SBA Today, each week with the links below! Www.youtube.com\/@thebdosbow www.youtube.com\/@sbatoday ","author_name":"The Art of SBA Lending","author_url":"https:\/\/www.artofsba.com\/","html":"