IN THIS LESSON

Understanding SBA Loans and the 7(a) Program
Gain a solid foundation on what SBA loans are, how they work, and why the 7(a) program is crucial for acquiring businesses with minimal collateral.
Personal Guarantee and Loan Underwriting Process
Learn why SBA loans require a personal guarantee and how the thorough underwriting process helps ensure your success in business acquisition.
Navigating Different Lenders and Loan Terms
Explore the differences between SBA lenders and understand how to find the best fit for your specific deal, including cash flow analysis, seller notes, and post-close liquidity requirements.
The Loan Process: From Term Sheet to Approval
Walk through the entire SBA loan process, from submitting documentation to receiving a term sheet, to understanding the lender's detailed review before final loan approval.
Using the SBA Loan Calculator for Deal Assessment
Master the use of a specialized SBA loan calculator to evaluate a business’s financial viability, focusing on key factors like debt service coverage ratio, add-backs, and liquidity requirements.

Office Hours - This small group call is your opportunity to ask any and all questions about business acquisition, business acquisition financing, and laundromats.

Lesson 2: SBA Loan Calculator