Webinar: Business Acquisition Loans through SBA

Event description

Are you considering buying a small business?

SBA loans are often used to finance business acquisitions and partner buyouts.  And now, SBA permits financing of partial changes of ownership.  For these types of loans, SBA permits the financing of intangible assets, including goodwill.

This webinar will outline:

• What can be financed via SBA's 7a and 504 loan programs;
• Specific SBA loan requirements including minimum equity injection, seller financing terms, maximum seller consulting period, and some prohibited conditions of the sale.

SBA is waiving all SBA fees for its 7a loans up to $1 million, if the loan is approved by 9/30/2024 (the SBA fees are waived for the life of the loan).