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03-24-2020, 10:24 AM #11
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,484
Most of the SBAs for small businesses are backed by the Feds, but most are approved and managed by smaller community banks or non-bank institutions. Since a large amount of smaller institutions are working to serve current clients and manage their portfolios it is going to be difficult closing a lot of these offerings considering the environment.
Everyone and their Dutch Uncle has been pushing SBAs for the last week. That is one busy highway......
KHKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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