How to Get Financing for a Business Acquisition that Exceeds SBA Loan Limits

Hi Beau,
My partner and I are looking to secure financing to purchase an existing business. Total purchase price is $9.2mm. With the SBA 7a being limited to a max of 5mm what would be our options? No real estate involved, mostly goodwill. The business manufactures outdoor patio furniture. Any suggestions on this?

Thanks,
Jameson

Timestamps
[00:32] Beau’s team works with particular banks who do SBA loans and they are doing it with a conventional loan
[00:53] For a strong cash-flowing business and strong borrowing capacity, get up to 9 million dollars with this program
[01:40] There are only limited banks that can offer this type of financing
[01:54] The borrowing team, the sponsors including you need to be strong
[02:08] We have a solution for you with this product
[02:12] Book a call at https://investorfinancingpodcast.com/rumble
[02:15] It is not going to work with everybody and every business
[02:20] If you are buying a strong cash-flowing business with great financials with your strong buying entity, these deals can get done

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#SBAloan #SBA #financing #businessacquisition

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

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

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