How to Get SBA Financing to Buy Your First Business

How to Get SBA Financing to Buy Your First Business

We’re thrilled to bring you the latest episode of the Investor Financing Podcast! 🎉 In this episode, we unravel the mysteries of SBA financing and show you how to secure the funds to buy your first business. Discover how we break down everything you need to know about SBA financing, from loan types to eligibility requirements and case studies. Whether you’re eyeing a semi-absentee operation or a franchise startup, this episode got you covered. Let’s dive in! 🌊

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📌 Timestamps:
00:40 Introduction on how to get SBA financing to buy a first business
03:13 SBA Case Study Number 1: Marina
05:05 SBA Case Study Number 2: Franchise Start-up
06:46 Introduction to SBA Financing
13:19 Business Acquisition Financing
16:26 SBA 7(a) Loan Program Overview, Eligible Uses, Terms, and Application
20:36 SBA 504 Loan Program Overview, Loan Structure, Terms, and Application
24:07 Attendees' Questions
27:31 Microlenders and CDCs offer small business programs.
31:38 SBA financing not available for real estate investment.
34:06 Partial Buyout Financing's Definition, Benefits, and Considerations
34:58 When to Use SBA 7(a) vs. SBA 504 Loans
35:40 Prepare a business plan, projections, and good credit.
37:38 Assessment to pinpoint the best business models for you.

💥 Thanks for watching 💥
#SBALoans #BusinessFinancing #Entrepreneurship #SmallBusinessLoans #FranchiseFunding #BusinessAcquisition #RealEstateFinancing #SBA7A #SBA504 #loantips

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.