A buyer with 100% cash is rare. Some sort of financing will most always be needed to close the deal. There are various options for financing covered below with the understanding that a buyer’s qualification is the key element. The ability to finance a buyer purchase is often the “make or break” point to closing. […]
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 […]
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 […]