FundingQuest

We’re back again with Chris Robles, who works to help find and provide funding for underserved borrowers. Today, Chris explains two important acronyms for these borrowers to know: CDFI and SBDP. The CDFI -- Community Development Financial Institution -- is funding to provide loans that banks typically would not provide. The SBDP -- Small Business Development Program -- is a program paired with universities that can provide counseling and support for small business owners. Chris explains how underserved borrowers can utilize these different programs to secure the funding they need! If you’d like to check out some of these funding opportunities, please check out: https://www.cdfifund.gov/ https://www.sba.gov/ Chris Robles can be reached at 210-527-7861. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Today, Byron Allen sits down with Chris Robles, who works with a population of borrowers typically described as “underserved”. Chris explains who these underserved borrowers are: they are often those living in low-income areas or are foreign nationals, who may not be able to access the funding opportunities that others can. Chris discusses the options for funding that these individuals can find, while also sharing some examples of borrowers that he has worked with who have managed to expand their business after receiving the loans they needed. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Byron Allen is joined once more with Leslie Agisim, the president of Trevor Cole Commercial Co., a structured finance company. With his extensive experience in the lending industry, Les has great insight into how borrowers can find success in seeking out funding. Les tells a couple stories from his own experience that highlight how unexpected difficulties can crop up in the lending field. Les emphasizes just how important it is to educate yourself on the opportunities found in the lending field; both lenders and borrowers can greatly benefit from putting more effort into learning what they can. If you’d like to reach out to Les Agisim, he can be contacted at la@trevorcolecommercial.com or found at trevorcolect.com. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In today’s podcast, Byron Allen is sitting down with Leslie Agisim, the president of Trevor Cole Commercial Co., a structured finance company. Les has over 30 years experience in the lending industry, which makes him particularly well-suited for this conversation on the spectrum of hard money loans. Throughout this episode, Les walks the audience through a variety of funding options that a business owner can explore, while laying out the advantages and disadvantages of each. Les also takes the time to dip into the history of hard money loans, and how the market continues to change. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

We’re back again with Jerem Morris, the co-founder and owner of DataTek -- an IT Support company that specializes in providing comprehensive and proactive IT Support for businesses. Jerem is continuing his discussion on the IT practices that all businesses should follow to protect their data. In this episode, Jerem explains the importance of cybersecurity insurance and consistent IT support. By providing an overview of situations that he has seen, Jerem is able to outline the importance for a business to remain proactive with their IT. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Join Byron Allen as he talks with Jerem Morris, the co-founder and owner of DataTek -- an IT Support company that specializes in providing comprehensive and proactive IT Support for businesses. With over a decade of experience, Jerem brings crucial insight into how a business can protect its data and assets through proactive measures. Jerem provides a list of best practices that all companies should follow to safeguard their businesses. In the first of two episodes, Jerem will outline the importance of training employees, preserving data backups, and utilizing hardware to protect your business. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Today, Byron Allen sits down with Sally Whetten to discuss how her approach to her private business has evolved over the years. Sally is the owner and creator of Sally Whetten Photography, and, as an entrepreneur, she lends key insights into how small businesses can develop. Sally offers a seemingly contradictory perspective: narrowing the target audience will actually increase profitability. Through this business case study, Byron and Sally discuss the importance of finding the correct niche for your business in order to achieve success. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding Check Sally Whetten out at: https://sallywhettenphotography.com/

We’re back again with Chris Call, the Senior Vice President at First Fidelity Bank. Chris outlines the typical loan process and timeline that a small business can expect when it comes to securing funding. With his experience in SBA loans, Chris is able to discuss how the timelines for each loan may differ based on varied situations. Chris closes out the interview by outlining some common mistakes that business owners should avoid when beginning the lending process. Check us out at: https://fundingquest.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In this episode, Byron Allen sits down with Chris Call, the Senior Vice President at First Fidelity Bank. Chris has nearly 20 years of experience helping small business owners find the lending they need. His experience with SBA loans makes him the perfect candidate to explain the difference between conventional and SBA loans, along with the pros and cons for different loan opportunities. In this conversation, Chris provides a deeper explanation into two of the most common types of SBA loans -- 504 and 7A -- and how each one could suit different business needs. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In today’s podcast, Byron Allen is finishing his conversation with Jack Hilton, the founder and CEO of Hilton Financial Corporation. Jack has recently authored a book, Be the Bank: “When the Bank Says No Or Moves Too Slow” You Are the Bank!. Jack discusses multiple ways that a business can begin investing their capital in, both, traditional and nontraditional means to act as a bank would and earn their own interest. He offers advice and caution about some of the risks associated with these avenues to invest and earn interest. With his own experience in investment, Jack provides a clear picture of what a business owner can expect when making the first move into acting as their own bank and investing. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Join Byron Allen as he talks with Jack Hilton, the founder and CEO of Hilton Financial Corporation. Jack has over 40 years of experience in private lending and has been the chairman of two separate community banks. With his expertise in all three areas, Jack speaks on the three primary sources that a small business can seek out funding. Jack breaks down the benefits of community banks, private placement investments, and private lending in order that a business owner can determine what source would best suit their needs. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In this episode, Byron Allen sits back down with Jeremy Lewis. Together, they look further into how a business owner can determine if a hard money loan is right for their business. Jeremy offers examples to help outline what situations make a hard money loan more attractive for a business owner, while also providing advice for what to seek out in these types of loans. By the end of this episode, we hope that hard money loans will no longer be the intimidating or dreaded loan of the past. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Today, Byron Allen is joined with Jeremy Lewis, the senior underwriter of American Life Financial. Jeremy has over fifteen years of experience in the realm of hard money loans. He offers his expertise to help discount some of the myths of hard money loans and their evolution over the past few decades. Jeremy discusses the benefits of a hard money loan, and why they are no longer the foreboding, final resort that they may have been in the past. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Join Byron Allen as he finishes his conversation with Gary Soultanian, the President of Arizona Construction Management. Today, Gary delves deeper into the funding process when it comes to construction loans. He provides some examples from his own experiences in order to outline what a borrower and lender could anticipate with a construction loan. Gary also focuses on the dangers of fraud in the construction lending field and how one can recognize warning signs to stay safe. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In today’s podcast, Byron Allen sits down with Gary Soultanian, the President of Arizona Construction Management. Gary’s company helps bridge the gap between lenders and construction contractors. In the past, construction loans have been labeled a risky venture, but Gary takes the time to outline the process and what a business can expect when taking out their own loan for construction. Gary provides timelines and explanations to clarify the construction process, while also emphasizing the importance of communication. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Today, Byron Allen is back with Scott Emrich to continue the discussion of commercial mortgage brokers. This time, Scott is going to delve into the necessity of transparency between brokers and borrowers. Finding a broker that will be straightforward with you about the process of commercial loans is crucial. Scott goes even further to explain why you, as the borrower, must also be transparent about your situation to secure the best funding for your business. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Join Byron Allen as he sits down with Scott Emrich, the Chief Director of Loan Originators for American Life Financial, to discuss the importance of a commercial mortgage broker. When it comes to the search for funding, many borrowers feel as if they can conduct the search for a good lender on their own. While a borrower certainly can find lenders, there are major benefits to finding a commercial mortgage broker that can do it for you. Scott takes the time to explain what a borrower should look for in a good commercial mortgage broker. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In this episode, Byron Allen is sitting down with Anthony Turdo, the Chief Underwriter at American Life Financial. Anthony discusses the role of an underwriter in the process of taking out a loan, and what a good underwriter can do for you, the borrower! Taking from his own extensive experience, Anthony shares some important ideas of what to look for when seeking out an underwriter that can provide the best service for a borrower. Take a listen and learn how underwriters don't have to be the bad guy! If you've got a good underwriter, you're better equipped to secure the financing you need! Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In this episode, Byron Allen is back with Michael Wetnight. This time, Michael focuses on how bookkeeping makes a true difference in the options a business has for funding. He discusses some of the misconceptions that arise when it comes to trying to cut corners and save money in the realm of bookkeeping. Take a listen and learn some new tricks for securing the funding that is right for you! Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Join Byron Allen as he sits down with Michael Wetnight, one of the president of 1st American Commercial Lending, to discuss the different tiers of lending. While seeking financing, many business owners may get confused by various misconceptions of what lending looks like for small businesses. So often, people warn against the high costs of loans that don't originate at the bank, but Michael Wetnight helps shed some light on what solutions may work for you and your business. Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

In this episode, Byron Allen is back with Bennett Brown. This time, Bennett shares some crucial steps when beginning the search for the funding. With his decades of experience in alternative financing, Bennett has some well-developed steps that you can utilize when conducting your search. Take a listen and learn some new tricks for securing the funding that is right for you! Check us out at: https://fundingquest.showbuilder.com/ https://www.facebook.com/Funding-Quest-Podcast-101842922454391 https://www.linkedin.com/company/79162134/ https://twitter.com/quest_funding

Welcome to FundingQuest, a podcast developed to help business owners on their quest to fund their business. Join Byron Allen and Paul Whetten in this pilot episode as they introduce the podcast and share what listeners can expect to get from this podcast.

When you are running your business, the last thing you want to happen is for a bank to deny your loan. You needed the funding to move forward and now that avenue is closed to you. What do you do? Are there any other options for you? Or, is this a sign to throw in the towel?