Business Acquisition with Gift Funds for Equity Injection

Business Acquisition with Gift Funds for Equity Injection

Hey Beau, I’m buying a car detailing business. I don’t have the funds for the down payment but my grandfather said he’d gift me the money needed for the down payment.

Is that acceptable for SBA financing?

Thanks, Tucker

Timestamps
[00:26] Can equity and injection be completely gifted?
[00:45] Statistically, 85% of all small businesses are financed with SBA financing
[00:55] Options that can you do if you can get credit elsewhere
[01:06] What makes SBA so powerful?
[01:36] Look at businesses as a viable option
[02:04] Know the guidelines and navigate
[02:11] The banks like the cash flow
[02:54] Book a call at http://bookwithbeau.com/ to help you work towards getting an approval and closing the business

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💥 Thanks for watching 💥
#businessacquisition #SBA7a #sba504

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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