Can You Use an SBA Loan to Buy an Existing Franchise

Can You Use an SBA Loan to Buy an Existing Franchise

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Can you use an SBA loan to purchase an existing franchise? Absolutely! ✅ In this video, we break down how you can secure up to 90% financing for a business acquisition, even with creative structures like seller equity carrybacks. Learn how to navigate challenges with underperforming businesses, explore low-down-payment options, and structure deals for maximum success.

Question: Is it possible to purchase an established franchise using an SBA loan?

📌 Timestamps:
• SBA Loan for Franchise Purchase: It is possible to use an SBA loan to purchase an established franchise, offering up to 90% financing for a business acquisition. (00:00)
• Less Scrutiny for Established Businesses: When buying an established business, the SBA loan application process is less scrutinized compared to starting a new business, but cash-flowing businesses are preferred. (00:10)
• Seller Carryback for Equity Injection: The seller can carry back part of the equity injection, potentially up to 5%, which can be structured with flexible terms, such as no payments for the first two years. (00:29)
• Creative Financing Options: Buyers can leverage creative financing strategies, including seller carryback, to minimize their upfront down payment or equity injection. (00:29)
• Support and Services: The speaker offers services to help buyers find franchises and structure deals, with an invitation to book a consultation. (00:54)

💥 Thanks for watching 💥
#SBALoan #FranchisePurchase #BusinessFinancing #SellerCarryback #FranchiseInvestment

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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