LENDER TRAINING: Financing Business Acquisitions with SBA

Event description

Financing business acquisitions and partner buyouts is one of the most popular uses of SBA loans, because those transactions typically fund intangible assets. As a result, the small business will have more debt, less experienced management, and a lack of collateral. Lenders mitigate this risk and preserve jobs by using SBA loans to fund the transaction. Please join us to discuss the specific rules related to partner buyouts, partial changes of ownership, and complete changes of ownership. This program is intended for northern Ohio lenders, but all lenders are welcome to attend.