In our view, this quarter-point move is unlikely to be followed quickly by deeper cuts. That means there’s no need to wait—buyers and owners can secure SBA financing today and move on opportunities before competition heats up.
How Recent SBA SOP Changes Could Affect How You Buy, Refinance, or Grow a Business This Year As interest in buying, funding, or expanding a business continues to surge, the SBA has introduced several key updates to its Standard Operating Procedure (SOP 50 10) that could reshape how small business owners and buyers access capital…
Continue reading New SBA S.O.P. Rules in 2025: What Business Buyers and Owners Need to Know
If you plan on applying for an SBA Loan, you’ll be asked to provide an SBA Form 413 Personal Financial Statement (or a PFS). An SBA Form 413 Personal Financial Statement is a balance sheet that displays your assets and liabilities to show your net worth. It’s important that your Personal Financial Statement is filled…
Continue reading How to Complete an SBA Form 413 Personal Financial Statement Correctly – the FIRST Time
SBA loans are notoriously tricky, and business transactions are no different. However, we are closing more SBA loans for business purchases than most banks in the country – how are we able to do this? Well, we are in the midst of the greatest wealth transfer we’ve ever experienced in generations past. With “baby-boomer” business…
Continue reading What Makes Us the SBA Experts?
Orlando, FL This husband-and-wife doctor duo needed a loan to purchase and renovate their dream office. The purchase price was $1 million, and renovations totaled $495,000. Once we rolled in the closing costs, working capital and cost overruns, the final loan amount was $1,443,200. What made this file even more complicated was that the doctors…
Continue reading $1,495,000 – Acquisition and Rehab of Medical Office
Congratulations! You’re approved! Now what? Whether you’re an investor or a business owner, you are now one step closer to reaching your goals – which can be very exciting! However, this is also a crucial time. With the amount of risk your lender is taking on in issuing the loan, there are bound to be…
Continue reading 6 Tips for Closing Your Loan, FAST
Melbourne, FL Our client spent his entire adult life working for a very successful restaurant in town, so when the owner was ready to sell – he stepped up to buy. The only challenge was that he wanted to finance the deal immediately following a period of time when restaurant properties took a big hit.…
Continue reading $2,600,000 – SBA Loan – Employee Buyout
New Orleans, LA This client needed capital to restock on inventory and they needed capital for marketing. Due to their cash flow history and strong credit, we were able to get them the money they needed – and FAST! Call us today at 888-959-1648 if your business is in need of additional capital to grow!
*Amended on February 23, 2021 to reflect SBA’s Procedural Notice posted on February 16, 2021. Details constantly subject to change. For more information, visit the SBA’s website at www.sba.gov. As things continue to rapidly evolve in commercial financing during COVID-19, one thing is for certain: small businesses need help more than ever. As it becomes…
Continue reading New SBA Stimulus Promises Small Businesses Months of Free Money and MORE (EXPIRED)
Due to the economic impact of COVID-19, commercial underwriting has become more conservative than ever. While the experience is unlike the financial crisis of 2007, which affected the availability of commercial loans – we are seeing a change in the amount of risk a lender is now willing to take on as a result of…
Continue reading 5 Loan Document Tips for Commercial Borrowers During COVID-19 
