Calculating Your Franchise Startup Budget with SBA 7A Financing: Assessing Your Buying Power

Calculating Your Franchise Startup Budget with SBA 7A Financing: Assessing Your Buying Power

Question: Hey Beau,
I'm wondering how I can determine the approval amount for purchasing a franchise startup. Currently, I have $45k in liquid funds and an additional $50k that I can convert by selling some stocks.
Thank you, Raul

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Timestamps:
00:17 - Different banks' requirements for startup deals
00:54 - Low reserves and working capital
01:25 - Credit scoring model for small businesses
01:40 - Determining total product cost for franchise requirements
02:10 - Factors for getting deals done

💥 Thanks for watching 💥
#franchisestartup #SBA7Afinancing #sbaloan

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.