Today’s going to be a fun episode because we’re really excited to talk about today’s topic: SBA loans.
If you think you need $1 million to get started in buying a company then this episode is for you. You don’t always need to have the capital or the rich uncle — there’s another way.
In this episode we’re outlining everything you need to know about SBA loans — specifically the SBA 7(a) loan — and how you can go from dreaming about owning a business to owning one worth millions, yourself.
Key Takeaways:
[:13] If you’ve been enjoying the show we’d really appreciate you leaving a review on our iTunes page!
[1:00] About today’s show!
[2:33] What an SBA loan is.
[7:50] Do these loans have fixed or variable interest rates?
[9:07] A few of the caveats to getting an SBA loan.
[13:21] Why you may not want to go to 90% loan to value.
[14:36] Another important caveat if your business depends on the location that it’s at.
[16:54] Giving an example of a real business scenario using an SBA loan.
[19:07] Who SBA loans are good for and who they’re not good for.
Mentioned in this Episode:
The Alternative Investor on iTunes
SBA Loan
SBA 7(a) Loan
Wells Fargo
Grayson@StablesPartners.com
For More on The Alternative Investor, Check Out:
TheAlternativeInvestorShow.com
Grayson is Finally Buying a Company!
How to Hire a Broker
We Talk about a Purchase Agreement
What is a Cap Rate?
Investors Need Love Too
How to Read a K-1
Productivity Porn
How to Raise Debt for a Real Estate Project
The Three Most Important Investment Metrics
What Should Go In Your Private Equity Pitch Deck
We Talk To A Guy With An Innovative Apartment Investment Strategy
You Just Bought Real Estate, Now What? - EP.39
We Talk to a Guy Who Bought a Business with an SBA Loan - EP.38
Should You Get an MBA? - EP.37
Investing in Alternative Assets via Retirement Accounts - EP. 36
To Hold or to Sell? That is the Question - EP.34
What is a Covered Land Play? - EP.33
Don't Be Fooled By EBITDA - EP. 32
What is a Search Fund? - EP.31
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money