How to Get an SBA Loan (Everything You Need to know) | Ep #10 ZTPF

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  • เผยแพร่เมื่อ 20 พ.ย. 2024

ความคิดเห็น • 280

  • @TariqJohnson
    @TariqJohnson  2 ปีที่แล้ว +16

    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!

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    @mayersb67 หลายเดือนก่อน +60

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      @SusanahGreely หลายเดือนก่อน +2

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      @MarieLegrand-p7z หลายเดือนก่อน +3

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      @MarieLegrand-p7z หลายเดือนก่อน

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      @MarieLegrand-p7z หลายเดือนก่อน +2

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    • @AlbertoAlejandro-g1e
      @AlbertoAlejandro-g1e หลายเดือนก่อน

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  • @lanejones
    @lanejones 2 ปีที่แล้ว +10

    I enjoyed this video. So many bankers, slough off SBA loans. Glenn is a special banker representing a great bank for SBA Loans.

  • @jonport_
    @jonport_ 2 ปีที่แล้ว +14

    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

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Are you able to secure your grants funding application assistance yet???

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Where are you originally from??

    • @jonport_
      @jonport_ 2 ปีที่แล้ว +1

      I do t believe so. Indiana.

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      @@jonport_ 325

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      @@jonport_ 261

  • @diamondvideos1061
    @diamondvideos1061 ปีที่แล้ว +1

    I found Glen from this podcast. We are at the last stages of a challenging process. Glad has been fantastic!

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Awesome Mitch! Glenn is first class for sure.

  • @RapticGaming
    @RapticGaming 2 ปีที่แล้ว +18

    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
      @TariqJohnson  2 ปีที่แล้ว +9

      Just email Glenn directly. They are nationwide for SBA loans.
      Glenn.Giro@huntington.com

    • @shakebackllc9905
      @shakebackllc9905 2 ปีที่แล้ว +1

      @@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.

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Where are you originally from??

    • @johnmahland363
      @johnmahland363 21 วันที่ผ่านมา

      That email doesn’t seem to be valid. I got a response, but it was referring me to another person.

  • @tiahardy3600
    @tiahardy3600 2 ปีที่แล้ว +4

    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...

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      Ah, that doesn’t sound fun.

    • @robbieoden4983
      @robbieoden4983 2 ปีที่แล้ว

      Can’t you create another business

    • @VincentButlerD1Kennels
      @VincentButlerD1Kennels 2 ปีที่แล้ว

      omg ive had the exact same experience....the worst experience

  • @spiritual_home_for_artists
    @spiritual_home_for_artists 2 ปีที่แล้ว +6

    Hello! 13 minutes in and will definitely be reaching out to Glenn regarding an SBA loan and I’m in Nashville Tennessee! :)

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      Awesome!

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว +1

      Are you able to secure your grants funding application assistance yet??

  • @reginacameron3011
    @reginacameron3011 ปีที่แล้ว +1

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      That's great!

    • @toreyjohnson
      @toreyjohnson 9 หลายเดือนก่อน

      Were you able to get a SBA LOAN?

  • @imranallimortgage
    @imranallimortgage 8 หลายเดือนก่อน

    Good stuff! Never try to bookkeeping on your own. I’ve tried this and almost destroyed my businesses.

  • @Drizzelbuddy
    @Drizzelbuddy 2 ปีที่แล้ว +4

    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!

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว +1

      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
      th-cam.com/video/oD7IIXaHFsg/w-d-xo.html

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Are you able to secure your grants funding application assistance yet

  • @GatorBall
    @GatorBall 2 ปีที่แล้ว +14

    This is great content and right on time. Thanks Tariq and Glenn.

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      Our pleasure! Glad it's helpful for you Bobb.

  • @germainegoldsmith8755
    @germainegoldsmith8755 ปีที่แล้ว +7

    Nice information. Your videos & inspiration gives me hope. . Continue to uplift, & bless others with your amazing knowledge, sir

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +2

      You made my day! Thank you 😁

  • @belluuugaaa492
    @belluuugaaa492 2 ปีที่แล้ว +3

    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.

    • @TariqJohnson
      @TariqJohnson  11 หลายเดือนก่อน

      Thanks for that. I’m working on it! Hopefully soon.

  • @janay173
    @janay173 2 ปีที่แล้ว +5

    Great content ! Looking to expand my current businesses. This information filled in a lot of blanks. Thank you!

  • @worldwideachievers1234
    @worldwideachievers1234 2 ปีที่แล้ว +4

    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.

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      Excellent, good luck with the process!

  • @MimiJoseph-zx5kx
    @MimiJoseph-zx5kx หลายเดือนก่อน +1

    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 ?

  • @RealtorSusyLopez
    @RealtorSusyLopez 2 ปีที่แล้ว +10

    Awesome content from the lender himself...Thank you it was an awesome video with so much helpful information

  • @sanfs143
    @sanfs143 5 หลายเดือนก่อน +1

    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

  • @SymphonyScavarda
    @SymphonyScavarda ปีที่แล้ว +2

    This is great info. Cab I apply for an SBA loan to acquire a land and build a gas station/franchise gas station?

  • @tylervelocity
    @tylervelocity ปีที่แล้ว +1

    Great info, Im looking to get funded by VC or investment bankers to purchase commercial property to build a franchise on.

  • @SigningWithOmar
    @SigningWithOmar ปีที่แล้ว +1

    Thank you for the video and thanks for introducing Glenn Giro.

  • @atomsmovie
    @atomsmovie 2 ปีที่แล้ว +2

    I have $100k from penny stocks and crypto. No other assets. Can I get an SBA loan to buy a business?

  • @gonzo19211
    @gonzo19211 ปีที่แล้ว +2

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      I don’t think you can use an SBA loan for an investment, only to start or acquire a business.

  • @torobands8730
    @torobands8730 ปีที่แล้ว +2

    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

  • @0690supermoto
    @0690supermoto 2 ปีที่แล้ว +3

    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.

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว +2

      His email is in the description. Glenn.Giro@huntington.com

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Are you able to secure your grants funding application assistance yet??

    • @tiahardy3600
      @tiahardy3600 2 ปีที่แล้ว

      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

  • @Brianf1977
    @Brianf1977 ปีที่แล้ว +3

    Cash is always the roadblock, 20 down and 50 in the bank is not really easy for the average person

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +1

      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. 👊🏾

  • @shepherdsfleetservicesllc8147
    @shepherdsfleetservicesllc8147 ปีที่แล้ว +2

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +2

      You need at least 675 credit score to get an SBA loan. Gotta get that credit up man!!

  • @LanceSurratt-r8s
    @LanceSurratt-r8s 3 หลายเดือนก่อน +1

    Great interview. Thank you for the valuable information.

  • @AssortedVideosforALL
    @AssortedVideosforALL หลายเดือนก่อน

    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...

  • @SLINGCHIRO
    @SLINGCHIRO 7 หลายเดือนก่อน

    Really good info! Explains a lot especially when you don't know where to start

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน

      Glad it was helpful!

  • @sebastianvelez7528
    @sebastianvelez7528 ปีที่แล้ว

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      I don't think there is a limit- but don't quote me on that.

  • @duypham76
    @duypham76 27 วันที่ผ่านมา +1

    I'm still paying for an sba loan

  • @tello.pallets
    @tello.pallets 2 ปีที่แล้ว +1

    Important question: In order to qualify for these does it need to be under a corporation?

    • @Fletch6
      @Fletch6 2 ปีที่แล้ว +1

      No

  • @Fbermudez11
    @Fbermudez11 ปีที่แล้ว +1

    I'm glad I found this video very informative, time to get started on my business plan

  • @trashyourjunkllcjunkremova6251
    @trashyourjunkllcjunkremova6251 ปีที่แล้ว +1

    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?

  • @shen6088
    @shen6088 ปีที่แล้ว

    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.

  • @mrsmjporter
    @mrsmjporter ปีที่แล้ว

    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.

    • @VERONICAL.REINALDO
      @VERONICAL.REINALDO 4 หลายเดือนก่อน

      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

  • @BertitoPerez1
    @BertitoPerez1 2 ปีที่แล้ว +3

    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???

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      Reach out to Glenn and ask! Glenn.Giro@huntington.com

    • @chawanneburn5996
      @chawanneburn5996 2 ปีที่แล้ว

      Are you able to secure your grants funding application assistance yet??

  • @alexandervalladares2501
    @alexandervalladares2501 ปีที่แล้ว

    Great Interview Tariq... Congrats on your channel.

  • @jamariquai01
    @jamariquai01 ปีที่แล้ว +2

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +1

      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.

    • @jamariquai01
      @jamariquai01 ปีที่แล้ว

      @TariqJohnson I applied. But didn't get approved.

  • @brandonford4474
    @brandonford4474 ปีที่แล้ว +3

    Requirements 24:00

  • @daverobau9656
    @daverobau9656 2 ปีที่แล้ว +2

    Does the SBA require the borrower to use their home as a personal guarantee?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Many times, yes- but it just depends on your financial situation. You must have collateral to get the loan.

  • @galactix_crypto
    @galactix_crypto หลายเดือนก่อน

    What’s the average collateral pledged by the borrower?

  • @nucommer
    @nucommer ปีที่แล้ว +1

    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.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Have you reached out Glenn?

  • @justinakkerman9196
    @justinakkerman9196 ปีที่แล้ว

    I wonder how much of this is still relevant in July 2023.

  • @davegaltman3067
    @davegaltman3067 ปีที่แล้ว

    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?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      You should reach out to Glenn.

  • @docimma
    @docimma 6 หลายเดือนก่อน

    After receiving preapproval from Ready Capital, the process has stalled. Could Huntington assist me? Quality candidate w MD/MBA and collateral. Startup low volume.

    • @TariqJohnson
      @TariqJohnson  6 หลายเดือนก่อน +1

      Possibly, reach out!

  • @sonyhuu5598
    @sonyhuu5598 ปีที่แล้ว

    do i have to be employed in order to take out SBA 7 a loan for a hairsalon?

  • @BudMan64
    @BudMan64 ปีที่แล้ว

    I have been wanting to open a business but would need a lot of help with finances.

  • @Hknows
    @Hknows 11 หลายเดือนก่อน

    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?

    • @TariqJohnson
      @TariqJohnson  11 หลายเดือนก่อน

      Yep

    • @Hknows
      @Hknows 11 หลายเดือนก่อน

      @TariqJohnson Thank you Sir.

  • @adrianmountainmansr.9787
    @adrianmountainmansr.9787 8 หลายเดือนก่อน

    Does this information still apply with higher interest rates? Are banks still willing to loan?

  • @annettelopez9899
    @annettelopez9899 10 หลายเดือนก่อน

    Hello,
    Do you know if SBA will assist in starting ATM business ?

  • @mumamumenufuaboloh3449
    @mumamumenufuaboloh3449 7 หลายเดือนก่อน

    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

  • @AutumnSupplyCompany
    @AutumnSupplyCompany ปีที่แล้ว

    Very informative, great discussion. I just texted Glenn, so let me say thank you.

  • @nate2091
    @nate2091 2 ปีที่แล้ว +1

    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?

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว

      I’m not sure, that’s a question for SBA lenders.

  • @dgballin21
    @dgballin21 7 หลายเดือนก่อน

    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?

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน

      Not usually. Most require a PG.

  • @Gabeqloque
    @Gabeqloque 7 หลายเดือนก่อน

    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 ?

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน +1

      I'm not sure about that one- that would be a good question for Glenn

  • @josephkhan2860
    @josephkhan2860 10 หลายเดือนก่อน

    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

    • @TariqJohnson
      @TariqJohnson  10 หลายเดือนก่อน

      Talk to a business banker at your bank and watch this video on funding.
      th-cam.com/video/VQhnGLuHDTs/w-d-xo.htmlsi=JiB5OG4qRDocb6hh

  • @Dipper964
    @Dipper964 ปีที่แล้ว

    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
      @TariqJohnson  ปีที่แล้ว

      I don’t think you can buy airbnbs with an SBA loan.

  • @sheezspoiled78
    @sheezspoiled78 ปีที่แล้ว

    What qualifications do you have to have in order to get approved for the loan

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      I think typically at least 675 credit score, and 20% down.

  • @nathanielcormier4930
    @nathanielcormier4930 2 ปีที่แล้ว +3

    Nice information

  • @shen6088
    @shen6088 ปีที่แล้ว

    Thanks for this presentation. Very helpful.

  • @alexm5632
    @alexm5632 5 หลายเดือนก่อน

    Can Canadian citizen, with E-2 visa get SBA loan?

  • @dwayneperk1911
    @dwayneperk1911 ปีที่แล้ว

    The SBA 504 Loan is a better product for projects that include real estate. This loan is strictly for fixed assets based projects.

  • @KimH007
    @KimH007 2 ปีที่แล้ว +3

    Great information 👍🏿

  • @santarodriguez5503
    @santarodriguez5503 หลายเดือนก่อน

    Love love this information

  • @OzzyMtz
    @OzzyMtz ปีที่แล้ว

    75% of the Loan & 50% On Lines Of Credit Good 👍

  • @earllombardo7640
    @earllombardo7640 ปีที่แล้ว

    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?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +1

      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.

  • @drsingingeagle
    @drsingingeagle ปีที่แล้ว

    - I like this guy. He wiggles almost as much as I do.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว +1

      My money don't jiggle jiggle.

  • @jensax
    @jensax 10 หลายเดือนก่อน

    Hello, is Glenn still working for Huntington Bank??

  • @Thedon903
    @Thedon903 หลายเดือนก่อน

    Great information thanks for sharing

  • @-werv-248
    @-werv-248 2 ปีที่แล้ว +1

    Is it ok to write a business plan in the bullet point format

    • @TariqJohnson
      @TariqJohnson  2 ปีที่แล้ว +1

      Probably not. There are a lot of business plan templates for free online.

  • @gladysbin9174
    @gladysbin9174 ปีที่แล้ว +1

    Good information

  • @VICKIECARPENTER-zr1pt
    @VICKIECARPENTER-zr1pt 5 หลายเดือนก่อน

    Great information thank you for sharing!🙂🤩

    • @TariqJohnson
      @TariqJohnson  5 หลายเดือนก่อน

      Glad it was helpful!

  • @ezekielwilliams2763
    @ezekielwilliams2763 ปีที่แล้ว

    This was great!

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Boom! Glad you enjoyed it.

  • @alishaangel9784
    @alishaangel9784 2 ปีที่แล้ว +2

    Great information

  • @bobbyth1
    @bobbyth1 2 ปีที่แล้ว

    I’m looking for SBA loan to buy commercial property and I’ve been in the business for over 15 years San Diego California

  • @VictoriaStevens-l5t
    @VictoriaStevens-l5t 4 หลายเดือนก่อน

    How to get in touch with glen

  • @annejames5620
    @annejames5620 ปีที่แล้ว

    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?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Are you sure it was an SBA loan? Sounds like PPP or ERC.

  • @antoniao7439
    @antoniao7439 11 หลายเดือนก่อน

    How do you choose a lender from all the ones you’re sent?

    • @TariqJohnson
      @TariqJohnson  11 หลายเดือนก่อน +1

      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.

    • @antoniao7439
      @antoniao7439 10 หลายเดือนก่อน

      Thanks so much for the response @@TariqJohnson

  • @williamjverhagen
    @williamjverhagen ปีที่แล้ว

    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 ?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      No, but it would get them the other $300k paid up front. SBA process will take 60-90 days to close.

  • @fabianaguerra3813
    @fabianaguerra3813 หลายเดือนก่อน

    very interested I need a small business loan

  • @Rags2Riches762
    @Rags2Riches762 6 หลายเดือนก่อน

    Okay Tariq, I get it bud.....I'll go check out your friggin business acquisition channel, but can ya let the guy talk about the ins and outs of SB-FRIGGIN-A LOANS!!! Jeez, feels like I'm just watchin a timeshare present of how to buy a damn franchise!
    Respectfully of course.....

    • @TariqJohnson
      @TariqJohnson  6 หลายเดือนก่อน

      Oh man. I appreciate you throwing in the respectfully part.
      We've had a lot of really great feedback on this podcast interview.
      The audience I serve is franchise buyers and franchisees, so that's what the conversation was primarily tailored around.
      I thought we diversified it well into business acquisitions too, which is not an area we serve in my business. We only help with franchise resale acquisitions.
      Either way, all the best to you.

    • @Rags2Riches762
      @Rags2Riches762 6 หลายเดือนก่อน

      @TariqJohnson Okay, you got me. I was being a bit of a jerk. I appreciate your professionalism. Honestly I'm just a little frustrated because I'm trying to break into the entrepreneural life (if that's a word) and with all my research I can't seem to see a clear path forward. (Don't mean to turn you into dr phil) But everytime I find someone successful make a video on one model, there's another saying the model is no longer viable. I swear it's like looking for a needle in a haystack.
      I like the idea of buying a franchise, but im a career inventory control/retail asset protection guy and it just seems like the "brick and mortar" path would be more headaches...like tracking inventory using software, training associates, having a reliable supplier and a good buy-back program, also having to deal with all the fraud that will happen. Sorry to talk your ear/eyes off...I just want to escape the matrix and be successful for my family.

    • @TariqJohnson
      @TariqJohnson  5 หลายเดือนก่อน

      I totally get it man. I shared your frustration. After trying and failing at 9 different businesses. I grew frustrated and skeptical at all the people touting their get rich quick schemes.
      For me personally, franchising was the stepping stone I needed at the time, because I need something more legit and proven, and it got me out of my own way of overthinking and getting stuck.
      My dream business was to always be a youtuber and have an online business helping people.
      Franchising helped me to get where I wanted to be, so I'm a little biased.
      I'd recommend you watch this masterclass training I did (free) I dive into my story, and how I made the transition and some of the ways to buy a franchise that most people don't talk about.
      www.franchiseempire.com/masterclass

  • @shutdowncheer4533
    @shutdowncheer4533 9 หลายเดือนก่อน

    Hello … is it true that the SBA is providing instant loan approval if you qualify on 500k or less

    • @TariqJohnson
      @TariqJohnson  9 หลายเดือนก่อน

      I haven’t heard of that.

  • @black12212
    @black12212 ปีที่แล้ว

    The email address you provided for Glenn doesnt work.

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Works for me. If you copy and pasted the (.) from the end, remove it.

  • @jamespittman3129
    @jamespittman3129 7 หลายเดือนก่อน

    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?

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน

      That’s weird, I’ve never heard of that.

  • @mickaelisrael5214
    @mickaelisrael5214 ปีที่แล้ว

    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?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      Reach out to an SBA lender and apply. If that doesn't work, you can apply for conventional business loans or lines of credit.

  • @WilliamGraham-pf8yb
    @WilliamGraham-pf8yb 9 หลายเดือนก่อน

    Need to make initiatives with road block free vision for my business development

    • @TariqJohnson
      @TariqJohnson  9 หลายเดือนก่อน

      Not fully sure what that all meant to be honest.

  • @afura1987
    @afura1987 4 หลายเดือนก่อน

    I want to apply for SBA loans

  • @ne8214
    @ne8214 7 หลายเดือนก่อน

    Thank u for this!

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน

      Our pleasure!

  • @jfsbtx
    @jfsbtx 8 หลายเดือนก่อน

    Amazing Video...

    • @TariqJohnson
      @TariqJohnson  7 หลายเดือนก่อน

      Glad you liked it!

  • @TheWilliamsFamilyadventures1
    @TheWilliamsFamilyadventures1 ปีที่แล้ว

    Glen email is no longer working is it another way to contact him?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      I email with him weekly. It works just fine.
      Glenn.Giro@huntington.com

  • @isactucker3788
    @isactucker3788 9 หลายเดือนก่อน

    what about veterans Express SBA loans.

    • @TariqJohnson
      @TariqJohnson  9 หลายเดือนก่อน

      What about them? Meaning why didn't we cover it, or you have questions about it?

  • @dannyrosario5120
    @dannyrosario5120 2 ปีที่แล้ว

    Hi can you help me with my sba 7A Process

  • @D.hodge87
    @D.hodge87 9 หลายเดือนก่อน

    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

    • @TariqJohnson
      @TariqJohnson  9 หลายเดือนก่อน +1

      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.

  • @andrezaal3843
    @andrezaal3843 2 ปีที่แล้ว

    Well done guys

  • @truthalonetriumphs6572
    @truthalonetriumphs6572 ปีที่แล้ว +2

    How many "kinda" was that?

    • @TariqJohnson
      @TariqJohnson  ปีที่แล้ว

      eh?

    • @truthalonetriumphs6572
      @truthalonetriumphs6572 ปีที่แล้ว

      @@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?"

    • @truthalonetriumphs6572
      @truthalonetriumphs6572 ปีที่แล้ว

      @@TariqJohnson It may seem like I'm throwing a flame, but it's for his own results.

  • @SigningWithOmar
    @SigningWithOmar ปีที่แล้ว

    Do you consult on SBA loans?

  • @relentlessventures4951
    @relentlessventures4951 8 หลายเดือนก่อน

    How about if you have a felony?

    • @TariqJohnson
      @TariqJohnson  8 หลายเดือนก่อน

      I'm not sure about that, google it.