SBTM Apr. 2014 | Page 27

EDITORIALFEATURE Should I Use a Broker to Find My SBA Lender? By Bruce Hurta A common question I hear from small business owners is whether or not it is beneficial to use a broker when seeking SBA financing. My answer is almost always no, it is not necessary.This is not because I think brokers don’t have a place in business lending. There are many loan brokers who can give good direction and financial advice to help you grow your business. But when it comes to SBA loans, I think it is best to work directly with a reputable SBA lender for these main reasons: Established Relationships If you already have a business relationship with a bank or credit union that provides )M