Financing Your Business
Why SBA Financing Is A Great Deal For Buyers & Sellers What’s Involved In Financing The Sale Of Your Business Generally, there are two forms of financing for the sale of a business, 1) an SBA loan or 2) a Seller Note. The combination of both is used quite frequently. While every business owner’s dream is to sell their business for “cash”, few transactions are sold for all cash, other than for small Main street businesses. With that said, is it possible to get all cash at closing for the sale of your business? The answer is yes if it qualifies for SBA financing. SBA financing is the preferred method of financing at Total Business Brokers and 90% of our transactions utilize SBA financing. We have long-term and close relationships with a select group of SBA PLP (Preferred Lending Program) banks we work with on our transactions. We love SBA financing for a number of reasons, first and foremost, the SBA will finance up to 90% of the business acquisition (if it qualifies).