Recent Blog Posts
A Guide to Securing the Best Small Business Acquisition Loan
Are you an entrepreneur looking to acquire a small business but lack the necessary capital? If so, you’re not alone. Fortunately, there are various small business acquisition loan options available, including SBA business acquisition loans, bank or credit union loans, seller financing, and more. To secure the best loan for your needs, it’s essential to determine your financing requirements, research your options, check your credit score and financial history, gather the necessary documents, review your loan options, and consider customer service. By following these steps, you’ll increase your chances of success in acquiring a small business.
SBA 504 Loan or SBA 7(a) Loan: Which is Right for You?
Small business owners (and aspiring ones) are often attracted to SBA loans due to their lower interest rates and longer terms. However, it’s not always clear which SBA loan is the way to go: an SBA 504 loan or an SBA 7(a) loan?
Finance Commercial Real Estate with an SBA 7(a) Loan
Commercial real estate: a big topic and a big purchase. Most small business owners need financing for commercial real estate — whether it’s buying property, expanding, renovating, or building something new. While you have many financing options, a small business owner (or an aspiring one) can accomplish their goal with an SBA 7(a) loan from…
What to know before qualifying for an SBA 7(a) loan
Applying and qualifying for an SBA 7(a) loan is easier if you have the proper direction. Here are a few guidelines to keep in mind as you begin the process. Must be a for-profit business located in the United States The business you want to get a loan for must be officially registered as a…
