How to Qualify for SBA 7a Financing when Buying a Business or Franchise

How to Qualify for SBA 7a Financing when Buying a Business or Franchise

🔑 Need financing for a business acquisition? 🏢 Look no further! In today's episode of the Investor Financing Podcast, we dive into the essential requirements for a successful SBA 7a financing. 💼💰 #InvestorFinancingPodcast

💼 The SBA requires key documents including personal financial statements, tax returns, bank statements, resume, and franchise disclosure document (if applicable). It's crucial to have everything in order before applying for a loan!

🏢 Looking to buy an existing business? Make sure to get the seller's tax returns and year-to-date information. Pro tip: Cash-flowing businesses are easier to finance and can lead to higher loan proceeds. 💸📈

🍔 Interested in starting a franchise? The SBA process is similar, with easier financing for well-established franchises that have more units. Get ready for some franchising success! 🎉🔑

🏢 Want to secure up to 90% financing for your business acquisition? That's possible with SBA 7a financing! 💪 Plus, options like seller carry back are available.

📞 Want more details and clarity on SBA 7a financing? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#sba7a #sba7aloan #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.

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.