The Business Ownership Show

If You're Looking To Acquire A Business, Check Out These Tips And Tricks!


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In our latest video, we dive into the world of business acquisition and uncover some invaluable tips and tricks to help you navigate the process smoothly.

Here are 5 key takeaways you'll learn from this insightful episode: 1. Finding the Right Lending Institution: We'll show you how to find the best bank, credit union, or non-bank SBA lender that aligns with your specific needs and goals.

2. Understanding the Qualified Process of SBA Financing: Discover the general qualifications and step-by-step process of securing SBA financing for business acquisitions, franchise startups, and more.

3. Maximizing SBA Financing: Learn how SBA 7(a) financing can cover up to 90% of your total project costs, including purchase price, working capital, equipment, and inventory.

4. Collateral Shortfall and Creative Solutions: Learn how to navigate collateral shortfalls and leverage creative solutions like full standby notes from sellers to reduce out-of-pocket expenses.

5. Eligibility and Loan Programs: Gain insights into the types of businesses eligible for SBA loans, along with a breakdown of loan programs such as the SBA Express and Small 7(a) loans.

If you'd like to meet with Beau to talk financing, book a call herehttp://bookwithbeau.com/ )

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The Business Ownership ShowBy Beau Eckstein

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