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There are many instances where borrowers applying for an SBA loan to purchase real estate, acquire a business or franchise or obtain working capital for growth do not possess the required 10% minimum equity injection.
The good news is that the SBA permits the applicant to receive a monetary gift to assist with the equity injection. This gift may be given by any willing participant.
If you liked this content, let's connect on social media:
More ThinkSBA Resources
https://calendly.com/thinksba - Schedule Call
By Ryan Smith5
1010 ratings
There are many instances where borrowers applying for an SBA loan to purchase real estate, acquire a business or franchise or obtain working capital for growth do not possess the required 10% minimum equity injection.
The good news is that the SBA permits the applicant to receive a monetary gift to assist with the equity injection. This gift may be given by any willing participant.
If you liked this content, let's connect on social media:
More ThinkSBA Resources
https://calendly.com/thinksba - Schedule Call

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