Many believe that SBA loans are only for startups or fraught with bureaucratic red tape.

However, this week’s guest, Tara Murphy debunks these myths, demonstrating the power of SBA lending in aiding successful business exits and transitions.

Join Mark Doman and Tara Murphy, SBA Business Development Officer and Vice President of Huntington National Bank as they delve into SBA lending. They unveil how they work, changes that have happened to the process, and how they can be a powerful tool in your exit planning strategy. Whether you’re contemplating selling your business or simply curious about the options available for a future transition, this episode is packed with insights and practical guidance to help you lead your business down the right path even after you leave.

Mark and Tara discuss: 

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• What SBA lending is and how it works
  
• How business owners can leverage SBA loans for exit planning
  
• The impact of careful succession planning on the value and saleability of a business
  
• Common myths about SBA lending and how to utilize it effectively 
  
• And more
  

Resources:

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• Finish Big: How Great Entrepreneurs Exit Their Companies on Top by Bo Burlingham
  
• What’s the Value of Your Business? With Michael Carter
  

Connect with Mark Dorman: 

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• Succession Plus US
  
• LinkedIn: Mark Dorman
  
• LinkedIn: Succession Plus
  
• Facebook: Succession Plus
  
• (330)-416-9271
  
• mdorman@succession.plus
  

Connect with Tara Murphy:

• 
  
• LinkedIn: Tara Murphy
  
• Huntington National Bank: Tara Murphy
  

About Our Guest: 

Tara Murphy is the SBA Business Development Officer and VP at Huntington National Bank with over 20 years in the finance industry. She possesses a strong focus on M&A financing and small business succession planning. Additionally, Tara brings years of experience in business expansion, commercial real estate, and debt consolidation to her role. She boasts a proven track record of success and harbors a deep passion for small businesses.