Oct 16, 2019 | Business, Business Valuation, Exit Strategy, SBA Financing, Small Business
Financing a partnership buyout can be a tricky situation. By knowing your options and selecting the best fit, both the buyer and the seller can benefit. There are many ways to structure the financing of your partnership buyout. A few options include lump-sum payments,...
Nov 6, 2018 | SBA Financing
My wife and I will meal plan for the week based on the sales occurring at each of the three grocery stores we shop at. Yes, I said three grocery stores. While this is hard to imagine, produce and meat are not of equal quality at each grocery store. You can view SBA...
Oct 29, 2018 | Financing, SBA Financing
SBA loans are among the best financing options available for small business owners. They come with relatively low-interest rates and long repayment terms. SBA loans offer a financing option to small businesses after other options haven’t panned out. However, many...
Oct 25, 2018 | Business Valuation, Buying a Business, Financing, SBA Financing
According to UPS Stores’ Inside Small Business Survey, approximately two-thirds (66%) of Americans dream of opening a small business. However, the reality is that only a small percentage will. One of the primary drawbacks is capital. A common perception amongst many...
Oct 11, 2018 | Financing, SBA business valuations, SBA Financing, SBA Lender
Let’s talk about how to obtain an SBA loan. Over the past couple of years, I have spoken to over 300 SBA lenders. In doing so, I gained a better understanding of the differences between financial institutions. I also learned how each lender identifies and goes...
Oct 2, 2018 | SBA Financing
Before founding Peak Business Valuation, a business appraisal firm in Utah, I worked at a company providing business valuations to hundreds of people and companies for a variety of reasons. SBA business valuations for SBA loans and venture-back valuations were among...