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How to Quickly Determine if a Business Acquisition Qualifies for SBA Financing
How to Quickly Determine if a Business Acquisition Qualifies for SBA Financing
Looking to acquire a business and wondering if it qualifies for SBA financing? This video covers the fastest way to assess whether your deal is eligible for an SBA loan. Discover key steps to avoid wasting time on incomplete financials, and learn how to quickly evaluate business acquisition deals. Get expert tips on gathering the necessary tax returns, P&L statements, and balance sheets, and find out how SBA underwriting works through PLP lenders. Watch now to learn how to put together a non-binding Letter of Intent (LOI) and position yourself for a successful deal.
Question: What is the fastest way to assess if a business acquisition deal will qualify for an SBA loan?
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📌 Timestamps:
(00:02) Fastest way to assess SBA loan eligibility
(00:33) SBA underwriting and PLP lenders explained
(01:03) Preparing an LOI and deal negotiation
(01:30) Importance of tax returns for loan approval
💥 Thanks for watching 💥
#SBAFinancing #BusinessAcquisition #SBALoans #Entrepreneurship #BusinessLoans #PLPLender #FinancialTips #BusinessOwnership #LoanApproval #businessgrowth
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.
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