April 18

SBA 7a Loans for Business Acquisitions

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SBA 7(a) loan program info

About “SBA 7(a) Loans for Business Acquisitions”

In this first episode of the series, Beau talks with Ray Drew about SBA 7a Loans for Business Acquisitions.

Did you know that you can finance 90 percent (or more) of total business acquisition cost with an SBA 7a loan? You can!


âš¡ Before you do ANYTHING, book a call with Beau if you're thinking about getting an SBA loan. Beau works with a select few SBA lenders and can save you a lot of time, money, and heartache by finding the right lender for you – book a discovery call with Beau here.


Ray offers up a bunch of knowledge about the SBA 7(a) loan program. He really hones in on the nuts & bolts of the program and offers an insider's view of how to fully leverage your investment so that you can get the best financing possible.

Stay tuned for the next video here.

You can also watch the entire playlist here.

About Ray Drew

Ray Drew has dedicated his entire professional career to helping small business owners navigate through the intricacies of SBA borrowing. His job is to structure a customized loan solution that meets the unique needs of the business and guide the entrepreneur through the process.

Prior to joining Fund-Ex Solutions Group, Ray spent 6 years helping a start-up SBA 7(a) lender grow to one of the top SBA lenders in the country. His specialties include Owner-occupied Commercial Real Estate, Childcare Centers, Franchises, and other Change of Ownership transactions.

Ray was named Emerging SBA Lender of the Year in 2018 and SBA BDO of the Year in 2019 by the SBA industry’s leading trade publication. He currently serves as Chairman of the Board for the Florida Association of Government Guaranteed Lenders.

On his Podcast, The Art of SBA Lending, Ray likes to say he eats, sleeps, and breathes SBA lending.


The Small Business Administration offers SBA 7a Loans for Business Acquisitions.
SBA 7(a) loans are perfect for building, buying, or expanding a small business

Is it possible to buy a business if you can't get a bank loan? Yes, it is. Here's how: Work with the Small Business Administration to arrange financing your business purchase with an SBA 7(a) loan!

Buying a business is HOT right now. Baby Boomers have realized that rather than shutting down their business, they can sell it, so there are quite a few businesses for sale right now.

The benefits for you are manifold:

  • Profitable business right off the bat
  • Established customer database, many of whom are repeat customers
  • Advertising in place
  • Many best practices and operational procedures are time-tested
  • Not to mention buildings, equipment, and solid employees at the helm

These benefits come at a price. Odds are, you don't have the financial ability to pay cash for an established business. You may not even be able to get a personal loan from a bank that's sufficient to put a down payment on a business, let alone buy the business outright. Many sellers want cash up front; they don't want to get paid in payments.

If you have a good credit history with a fair credit score, you may be able to get an SBA 7(a) loan.

What are SBA 7(a) loans?

The SBA 7(a) loan is a government-backed loan that is funded by financial institutions such as banks and credit unions to small and medium-sized businesses. Rather of lending directly, the Small Business Administration insures these loans in the event of a borrower failure. Because of this, the SBA 7(a) loan is a desirable alternative for lenders because it minimizes part of the risk associated with the loan. It is possible to use an SBA 7(a) loan for a wide range of purposes, including the purchase of real estate or land, the purchase of machinery and equipment, the acquisition of working capital, the consolidation of debt, and the acquisition of a business.

It may take a long time to apply for and complete the necessary paperwork for an SBA 7(a) loan because your lender will need to obtain clearance from the SBA in order to support your loan. These loans, on the other hand, often have better conditions than regular small business loans, and they may even include coaching to help you operate your company more efficiently.

The SBA's most popular loan program for small business owners is the SBA 7(a) loan. Many people who would not normally qualify for a traditional small business loan find that they do through the SBA 7(a) program. While many people believe that the SBA 7(a) loan is exclusively for individuals who want to start a new business, it is also an ideal financing instrument for those who wish to expand an existing business, buy an existing firm, buy a building, or finance a construction project.

The SBA 7(a) loan program is one of the most popular programs offered by SBA. The program has been around since 1958 and has a long history of providing the financing small businesses need to propel the nation's growth engine.

The Importance of a Good Commercial Loan Advisor

A commercial loan advisor is someone who advises a company on the best way to borrow money for their business. Commercial loan advisors are typically financial professionals who have experience in lending and banking, and can advise the company on what type of loan they should apply for, how much they should borrow, and what kind of terms they should ask for.

A commercial loan advisor is someone who advises a company on the best way to borrow money for their business. Commercial loan advisors are typically financial professionals who have experience in lending and banking, and can advise the company on what type of loan they should apply for, how much they should borrow, and what kind of terms they should ask for.

When you're looking for SBA 7(a) financing, you want a commercial loan advisor well-versed in SBA loan programs.

You should book a call with Beau today to find out what your options are.


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SBA 7(a) loan


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