Get ready to enter the Drive Time Show. from the bottom now we hit. We started from the bottom now we hit. We started from the

bottom now we're on the top top. To meet the systems to give what we got

Colin Dixon's on the hooks. I break down the books, sees bringing some wisdom and the good looks.

As the father of five, that's where I'm a dive,

so if you see my wiping kids, please tell them hi.

It's the C and C up on your radio,

and now three, two, two one here we go.

We started from the bottom now we hit.

Now moving on to number seven here. This is the SBA loan. Some people call it the SBA loan or it's a small business administration loan.

And in order to stimulate the economy, the Small Business Administration has worked with the banks.

And basically what they do is they've come up with a system where they actually help guarantee loans.

And so I think currently it's like 85% guarantee. So the idea is if a

local bank lends you money, the small business administration will guarantee up to about

85% of that loan, meaning that if God forbid the small business owner does default

on their loan and doesn't pay off the loan, the federal government will come in and help pay off that loan to the bank.

But can you walk me through how common an SBA loan is anymore with franchising?

Is this very common or?

It's very, very common today and it's become more common over the years.

It used to be only for larger investments.

SBA loans were typically for brick and mortar type businesses,

were large investments.

But that shifted today, where they brought the requirements down,

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