))
What are the acceptable sources of down payment for an SBA 7a Loan?
Manage episode 425622821 series 2894492
Innehåll tillhandahållet av Beau Eckstein. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Beau Eckstein eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
In this episode, Beau discusses the acceptable sources of down payment for an SBA 7A loan in a business acquisition and how the source affects loan approval. He explains that while the SOP allows for the complete 10% equity injection to be on standby, most lenders use prudent lending and require a portion of the equity injection to be in cash. Beau explores various ways to fund the equity injection, including seller carry, home equity line of credit, borrowing funds, and investor partners. He also highlights the importance of post-closed liquidity requirements and factors that affect loan approval. Finally, Beau emphasizes the benefits of SBA loans for business owners and offers a free strategy call for real estate investors.
If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )
100 episoder
Dela
