@ Thanks for the quick response! My company was just approved Jan 7 2025 (504) Any magic words negotiating for lower rates with the banks portion when ever if ever the rates drop?
@ nice! I don’t think we’re seeing big rate cuts this year. I would probably expect a 5 year fixed at around 7.5% ish depending on the project and overall credit strength.
![The Ultimate Guide to SBA Acquisition Financing [Comprehensive 2025]](http://i.ytimg.com/vi/eLE1eKo5_Qo/mqdefault.jpg)
The partial change of ownership is absolutely amazing. Especially for the potential license issue you mentioned.
Keeping the owner around reduces key man risk and keeps the previous owner around to help make sure the business succeeds
How does the SBA application process differ for those who are looking to acquire an established small business? (Aside from the 10% down requirement)
This. I know that I want niche down to the residential services business market but I do not have a specific business to buy yet. Thanks!
I'm looking into an SBA loan for a laundromat, tunnel carwash, and a drive through coffee shop. I would love to talk to you see what you think.
As a new subscriber I’d like to know what the 504 interest rates will be in January through May? Your best crystal ball guess? Thanks!
@@ToGoPhilippines-uz1qe 6.00-6.50% for the SBA’s 40% piece
@ Thanks for the quick response!
My company was just approved Jan 7 2025 (504)
Any magic words negotiating for lower rates with the banks portion when ever if ever the rates drop?
@ nice! I don’t think we’re seeing big rate cuts this year. I would probably expect a 5 year fixed at around 7.5% ish depending on the project and overall credit strength.
I heard that SBA will start to issue loans for startups, have you heard this?
I am interested in the 7(a) loan. I would love to speak with you.
@@dianemccalester418 feel free to email me at ray.drew@truliantfcu.org
I'm glad I was introduced to Dr Rachel Levin that helped me got my grant and understand the application I'm grateful to Dr Rachel Levin