Cashflow and add-backs are crucial in business acquisition and SBA loan financing. Add-backs are expenses that can be adjusted to improve the cash flow projections for SBA loan underwriting.
Working with an experienced team can help identify and document add-backs to make the cash flow numbers more favorable.
Ad-backs can include expenses like personal vehicle usage, family member salaries, and unnecessary costs that won't be incurred after the acquisition. Annual cash flow, along with add-backs and historical trends, is essential for evaluating the financial viability of a business and navigating the SBA underwriting process successfully.
If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )