Hi Beau,

At the beginning of the year my partner and I purchased a printing business. This business is well established and has been operating for over 8 years. We purchased the business with SBA 7(a) financing. We would like to purchase a newer digital printing machine which will greatly increase our output and drive revenue.

We have strong credit and the business has done well and is ramping up. 

Any thoughts on the best way to finance? SBA or Equipment financing? The cost of the equipment is $265,000 including installation.

Thanks,

Rick 

How to Finance a Bed & Breakfast Using an SBA Loan Hey Beau, I’m originally from a town in Pennsylvania which is up in the mountains. There is an older, large home which would make a perfect Bed & Breakfast. I checked with the city and they said we could use it as a B&B. The plan would be to purchase the property for $760,000 and put about $200,000 in renovations.

Is this something SBA would finance?

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

Will DSCR loan lenders take into consideration whether the property will be a long-term or short-term rental?

-Jack

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

Hello, new subscriber here! Does it make sense to purchase/rehab with a HELOC and then do a conventional refinance? Any limitations…seasoning, closure of HELOC, etc.?

- Tamarra

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

I am a brand new investor who has about $300k in savings. My wife wants to buy a one family home for ourselves but I want to have at least 1 investment property before I buy one family home. What advice may you share?

Thanks!

Kumar

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

Question: Hi Beau, what are the best options to purchase a building that I’d like to open a restaurant in? I do have restaurant experience – I’ve been in restaurant management for 16 years. This would be a non-franchise restaurant (independent).

Thanks,

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

Using an SBA 7a loan to purchase a janitorial business

Question: Hey Beau, I have an opportunity to buy an existing janitorial business. It’s been in business for 3 years and is cash-flowing well. It’s on the market for $265,000. It’s doing about $500,000 in annual gross revenue. I’m waiting for the seller’s financials.

How would you recommend I start the due diligence process?

Thanks in advance,

Joe

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Business Expansion Financing with the SBA 7a Loan Program

Can I get working capital to expand my insurance brokerage? I have been in business for 7 years and have good financials. I need capital to hire and expand.

Can you provide an overview of what the financing might look like and how the loan will be underwritten?

Thanks,

Oliver

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Multiple SBA 7a Loans for the Same Borrower

Hi Beau, can I apply for a 2nd SBA 7a loan if I already have loans with the SBA?

I have about $1.7 million with the SBA 7a program. I'm looking to finance another business that I started about 5 years back.

Thanks,

Lance

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

How Do I Find Working Capital for My Ecommerce Business? Hi Beau, I own an ecommerce business. We sell supplements and sportswear. We have been in business for 4 years and I have decent credit around 660. Our monthly gross sales are about $500k. I need to fund for expansion. I know SBA could be an option, but I have a lot of moving parts and I want to move quickly. I am looking for $1 million.

What options would you recommend?

Thanks,

Paul

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