New SBA Loan Rules Just Changed! What Business Buyers and Sellers Need to Know
Are you planning to buy or sell a business using an SBA loan? In this episode of My SBA Loan Pro, Rob Kale discusses important changes to SBA lending rules effective October 1 and explains what business buyers, sellers, and owners need to understand before moving forward with a business acquisition.
We explore how the updated SBA loan requirements may affect business acquisitions, ownership changes, seller transitions, and the loan approval process. We also discuss quality of earnings (QofE), financial due diligence, investor distributions, debt, and how buyers and sellers can better prepare for an SBA-financed transaction.
In this video, you'll learn about:
- New SBA loan rules and their potential impact on business acquisitions
- What business buyers and sellers should know before applying for an SBA loan
- Ownership changes and seller transition considerations
- Why financial documentation and quality of earnings matter
- Common due diligence challenges in business acquisitions
- How buyers and sellers can prepare for the SBA lending process
- The role of AI in business acquisition research and due diligence
Whether you're a first-time business buyer, an entrepreneur, a business owner planning to sell, or a professional working in business acquisitions, this discussion can help you understand the issues to consider before pursuing SBA financing.
Watch until the end for insights that may help you prepare for your next business acquisition.
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