Ryan Smith @MySBAPro
Business Acquisition & Owner Occupied Real Estate Financing Specialist | SBA 7a | SBA 504 | USDA | IBank | $137M Closed | Founder @ThinkSBA mysba.pro/links San Diego, CA Joined June 2015-
Tweets4K
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Followers2K
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Following286
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There are so many changes happening right now in the world of SBA lending Lenders closing shop BDO’s changing name tags But @ThinkSBA keeps on keeping on This is literally why I left banking to start my own practice In a sea of change ThinkSBA is the lighthouse guiding SBA…
The My SBA Loan Pro Podcast Face to Face is off to a fast start We've had guests such as Quality of Earnings Expert @ElliottEHolland, M&A Attorney @ParsleyETA, Owner of Rapid Business Plans Bethany McClellan, Real Estate Broker Glenn Arnold, Tenant Representative/Commercial Real…
Had a great call with a strong ETA candidate yesterday He asked a valid question Do I have a “go to” set of lenders The answer is No and Yes No I don’t purposely send loans to certain lenders because they pay a higher commission and it’s easy to qualify Yes I partner…
A key employee I was referred to called me Friday to notify me he was cancelling his partner buy out of the majority share holder $78k in sunken deal costs to attorneys Ouch! For the first time in months he has peace The seller kept leveraging the company with revolving debt…
Don't tell my wife but I've been wrong on numerous occasions My latest realization of being wrong is a mouse > trackpad Bye bye trackpad It's been fun, kinda 🙂
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2K Followers 122 Following We love bowling. Plain & Simple. 😡 Our same handle was de-activated due to a tech glitch of the Elon Musk takeover. Now we have to start over. RE-FOLLOW US!I met with an existing borrower last night. He has executed an LOI to buy a synergistic business. Combined, total loans will well exceed the $5 million SBA loan cap. We will do so utilizing a Pari Passu structure to get the deal done. Choosing the right lender matters!
This one, seen here sitting in my lap almost 22 years ago, took his last exam today at the University of Alabama & graduates with a degree in Kinesiology as part of the Honors College. He goes to Alabama State University next to earn his Doctor of Physical Therapy. Time flies
Its always nice working with loan officers and lenders that have your back while I am out of office. Coming back from Passover break (to be fair I worked a few hours on an as needed basis), it was great to see 6 loan approvals and 3 loans with a clear to close. The key is…
It's closing day! Started on this deal almost 11 months ago. And it's finally coming to a close. Deal details: Commercial Kitchen Appliance Repair Rev: 2.6M SDE: 525k Price: 1.64M Deal Structure: Project Cost: 1.75M Seller Note: 10% 2-Year Full Standby Buyer DP: 20% SBA…
✈️ back from fantastic @PASBAaccountant conference Big thanks to @patrickdichter for telling me about the benefits for @Realm_Tax Great to meet my #TaxTwitter crew IRL! @BoilerPlateCPA @CBarrett_CPA @JStaatsCPA @CPATaxTeam So many great people willing to help
I had a large deal approved last Friday for a Searcher. Back to Loan Committee tomorrow on a Pari Passu transaction. In fact, I am presenting over the upcoming next 3 Fridays. 5 deals in 5 weeks! This space is red hot 🔥 Grinding together and being impactful !
For a person with a signed LOI, my phone line is always open. 404-441-2637. If I miss your call, text me, I'll get back to you.
@MySBAPro @ElliottEHolland @ParsleyETA Bethany and Ross are great!
Welp, there went $7.00 right in the damn pond 🤦♂️
This really puts things in perspective: You work 8 hours to live 4 You work 5 days to enjoy 2 You work 8 hours to eat in 15 minutes You work 8 hours to sleep 6 You work all year just to take a 2 week vacation You work all your life to retire in old age
Super excited for their opening this week 💚 New co-op grocery store, and community space crainsdetroit.com/small-business…
Congrats to my Dad. As of tonight, he has seen the Pirates play in all 30 of the current 30 MLB stadiums.
What if I told you that the MLB records for… • strikeouts in a season; • strikeouts in a career; • seasons with 200+ strikeouts; • seasons with 300+ strikeouts; • no-hitters; • one-hitters; • two-hitters; and • three-hitters …were all held by the same player?
Respect for those who put in the effort to be real estate investors. But I'm lazy and sticking to the stock market for now.
I’m still young (38), but have been running SMBs since i was 22. How does one calculate that? Feels like dog years is not the appropriate aging metric. More like a 10 or 12/1 ratio.
New hybrid just came in! 🤤 Wife is super impressed by her really cool golfer husband 😎
@MySBAPro @CLouvi @SBA_Matthias @sbabmarks @ryanraysr @SMB_Attorney ok what is the green program??
@MySBAPro @SBA_Matthias @sbabmarks @ryanraysr @SMB_Attorney Awesome thanks!