Wondering How to Fund an Acquisition? Entrepreneur Josh Tolley Recommends Taking This First Step
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MAY 1, 2024
Typically, when purchasing a business for $5 million or less (up to $7 million if the deal includes real estate), the purchaser will apply for an SBA loan (or your nation’s equivalent of a government-backed business loan). How an SBA loan works is that the purchaser first must use an SBA-approved lender to get a 7(a) business loan.
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