There is a marked difference in larger transactions vs Main Street transactions. One of the things that occurs in a large Merger & Acquisition deal is whats known as the Quality of Earnings report. Basically the bean counters from the buyer review the work of your bean counter (hence why its not good to be […]
sba
Rising Interest Rates and SBA Loans….What Can You Expect
I took about 25 minutes yesterday to chat with Michael Hershaft a long time SBA lender in Central Florida to discuss SBA loans and what we can expect in the near to immediate future. Its important for business owners and business buyers to understand what the impact of the current economy is and how the […]
The Top 5 Things to Know When Getting an SBA Loan
1) Minimum Down Payment A 10% minimum down payment (it is really 20% but if 10% the seller will be asked to hold 10% which is a problem for sellers) is the SBA requirement but there are many factors that can change the down payment requirements for a successful SBA business acquisition loan. It is […]
The New World of SBA
Andy and Jessica welcome you to another edition of a live podcast. The Paycheck Protection Program (PPP) loans are bringing up the subject of SBA financing for business acquisitions, Andy and Jessica are receiving the experts to dive deep into the opportunities this kind of loans are presenting in difficult times while coping with the […]
Buying A Business: Is the SBA Loan Program Right For You?
Buying a Business: Is an SBA Loan Right for You? The Small Business Administration (SBA) is an agency of the US government that supports entrepreneurs and small businesses. It is the duty of the SBA to “aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns.” A major function of […]