Buying a Business Archives - Thornberg & Associates Inc.

28Jul

Small Business Buyers and Sellers Have access to Multiple Government Loan Programs

Written by Zack Thornberg. Posted in Buying a Business, Selling a Business, Small Business Financing.

Access to capital is one of the greatest challenges to small businesses. We’ve broken down the six types of SBA loans, as well as other forms of business funding to help you determine the best SBA loan type for your specific needs. SBA 7(a) Loan The SBA 7(a) loan is the most common and multipurpose […]

28Jul

Buyers: Summary of SBA 7(a) Loan Rules

Written by Zack Thornberg. Posted in Buying a Business, Small Business Financing.

SBA loans can be a great way to finance a small business acquisition. Like most government programs, SBA loan programs have plenty of rules. In this post, I’ve summarized the highlights of the rules for SBA 7(a) business acquisition loans. Some of the text below is taken directly from the government sources but not set […]