SBA 7a Loans Are The Perfect Way To Finance Your Business Acquisition!

SBA 7a Loans Are The Perfect Way To Finance Your Business Acquisition! [Mastering SBA 7a Loans for Business Acquisition]

In this episode, our expert, Beau Eckstein, breaks down the latest rule changes in the SBA guidelines, specifically focusing on the partial change of ownership for business acquisition. Here are the 5 key takeaways that you'll learn:

1. The game-changing opportunity: Discover how the new SBA guidelines now allow sellers to retain a percentage of ownership, allowing for more flexibility and creativity in structuring deals.

2. Leaving equity in the deal: Learn how sellers can remain involved in the transaction and even be paid off over time, leaving their equity invested and benefiting both parties.

3. License utilization: Find out how this new rule can help buyers who lack the necessary licenses for certain industries, as sellers can now stay on board with a minimal ownership interest to provide their licenses.

4. The myth debunked: Uncover the truth about the six-month look back, as Bo clarifies that sellers who have reduced their ownership percentage are not required to guarantee the loan personally.

5. The advantages keep coming: Get a sneak peek into the other advantageous changes happening in the SBA financing world, including waived guarantee fees and reduced fees for larger loan amounts.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
(00:26) How a buyer can come in, and the seller can reduce ownership from 100% to 19%, eliminating the need for the seller to personally guarantee the loan.
(01:00) Flexibility in scenarios, such as buying a business in a state without a license and how the new SBA rule provides more flexibility.
(01:11) The game-changing nature of the new rule and clarification on the six-month look-back requirement.
(02:10) Announcement of new initiatives in November, mentioning the waving of the guarantee fee on the 7A up to a million dollars and reduced fees up to $2 million.
(02:44) Invitation for those interested in SBA financing and business acquisition

💥 Thanks for watching 💥
#SBA7aLoans #businessacquisition #partialchangeofownership

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.