How to Launch, Expand, or Buy Your Next Business Using SBA Financing

How to Launch, Expand, or Buy Your Next Business Using SBA Financing

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
01:20 SBA 504 and 7A loans, focusing on real estate and business components.
03:59 Details about the 7A loan for business acquisitions, terms, and maximum proceeds.
05:32 Consideration of commercial real estate in the decision between 7A and 504 loans.
06:15 Example of a franchise startup deal, total project cost, and financing options.
08:06 Tips for improving SBA approval, stressing the importance of a detailed business plan.
11:01 Personal credit and considerations for bankruptcy or foreclosure history.
12:16 Franchise financing options
13:38 Financing equipment through SBA and potential combinations with other financing.
14:42 SBA financing advantages and disadvantages
15:44 Clarification on a collateral shortfall for larger loans.
15:56 Helping clients navigate SBA financing.
16:44 SBA 401K rollovers
18:14 Using HELOC for down payments, considering outside income.
21:07 Tips and tricks for SBA financing
21:11 Full standby concept and its application in SBA financing.
23:53 Partial buyout as another option for SBA financing.
28:00 Investor partnerships and expansion loans
30:13 Business projections and cash flow for SBA loan approval.
34:13 Timeline considerations for SBA financing and tips for startup
36:36 Questions about refinancing SBA loans, eligibility criteria, and considerations.
39:21 Considerations and challenges in owning businesses compared to real estate.
42:04 Multiple SBA loans and advanced strategies for larger deals.
43:01 Eligibility of hospitality properties for SBA financing.
44:02 SBA financing for mid-construction deals, including shortfall coverage.
50:40 Refinancing equipment loans and exploring suitable financing options.

💥 Thanks for watching 💥
#SBAfinancing #buyingabusiness #startingafranchise

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

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