Financing Business Acquisitions
ATTENTION SBA 7a LENDERS:
Recent SBA SOP 50 10 5(J) has significant changes in regard to financing business acquisitions. If a seller carry back note is part of your equity requirement – SELLER HAS TO BE ON FULL STANDBY for the life of the loan with the SBA 7a Loan Program.
This is NOT the case with the SBA 504 Loan Program! Call your MBFC BDO today to find out how they can help you get the project financed involving seller carry back financing as part of the equity requirement.
Find out why MBFC is Minnesota’s leading SBA 504 Lender!
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