Here at Rogerson business services, we often talk about the fact that you will need financing to buy a business, and your buyer will need it if you are selling a business. We also understand that you don’t just need a lender, you need the right lender. That’s why each quarter we will be providing […]
The Small Business Administration issues and/or guarantees loans for small businesses, and getting SBA loans is one of the most common way many entrepreneurs fund their dream of owning a small business. The process of qualifying for and getting SBA loans is pretty static, but interest rates, what loans and how many are approved, and […]
An anatomy of the 2018 government shutdown and SBA loan. The highs and lows of business ownership are many…especially if you are a business owner selling to move to the next chapter of your life or a business owner buying starting out on your ‘American Dream’ to own and operate your own business. The steps […]
Its normal for the buyer of a business to need some sort of finance to buy a business. The two ways, in general, are an SBA loan or seller financing or a combination of both. Most business owners are reluctant to offer seller financing as they are not sure their sellers note will be repaid. […]
SBA loans continue to be the primary source of finance for new entrepreneurs whether they are wanting to start a business, buy an existing business or buy a franchise. Seller finance remains an option for the seller that is willing to carry the finance on the remainder of the purchase price for their business, but […]
Whether we like it or not, the SBA program remains the primary engine behind third-party loans between a buyer and a seller of a small business. The incentives for the banks, credit unions, and others to underwrite SBA loans instead of a conventional loan are simply too strong. This is because if a loan […]
