Archive for 'Business Purchase Financing'

The Association for Corporate Growth predicts that the strong merger and acquitions market will continue to rise into 2007. Mostly fueled by private equity firms.

“Nearly half of the 1,230 private equity professionals, investment bankers, corporate development professionals, lawyers, and accountants who responded to an ACG and Thomson Financial survey in December said they expect merger activity will increase in the next six months. Forty-one expect M&A activity to stay level, while only 9 percent say the pace will slow down.”

2006′s ...

If you are a business broker or someone interested in restaurants and restaurant franchises, this conference will be helpful.

The Restaurant Finance Monitor’s Spring Restaurant Investment Conference

March 5-6, 2007 at the Rio Hotel in Las Vegas.

The Restaurant Finance Monitor’s® Spring Restaurant Investment Conference is a two-day, investment and economic conference driven by the Monitor’s commitment to provide restaurant operators, lenders, and investors with the knowledge, resources, and insight to make smarter restaurant and franchise investment decisions.

Attendees will gain authoritative insights ...

The Coleman SBA Lending Industry Awards for last year are due January 23, 2007

There are five categories of awards from Coleman Publishing:

• SBA Lender of the Year (Institution)
  The best of the best! Consideration will be given to loan volume, industry stature, creativity, marketing, goal attainment and growth. Address the impact of SBA lending on your institution. What were the solutions to challenges? The results?
• SBA Lender of the Year (Individual) – Awarded to the lender who has positively impacted the industry. ...
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The SBA 7(a) loan program, popular with those funding small businesses, may be headed towards a shutdown. The loans help people expand, acquire, or start a small business.

Right now the cap for a SBA 7(a) loan is $2 million. This year bills to up the limit to $3 million have been introduced in Congress and the Senate. Numbers of 7(a) loans have dropped 36% since 2002 in favor of smaller Community Express loans.

For much larger amounts, the SBA’s 504 program is capped at $4 million and is for real ...

A potential client who is going in with other partners to buy a coin laundry had some questions for me the other day that pertains to going into a transaction with partners and involving business purchase financing via a SBA loan.

Here are his questions and concerns:

First of all most of the “partner” oriented buyers I deal with never end up buying a business. After they look at the businesses and “divy” up the potential profits, it doesn’t really make sense ...

CASE STUDY: A SBA loan client of mine is buying a cabinet sales and distributorship from a seller asking a price of $2.1M. The buyer has been Pre-Qualified with us for a business with a purchase price of $3M or less, and with adjusted net income of at least $300K after debt service. He was approved to buy almost any type of service or manufacturing type of business with his qualifications and background.

Here are the facts on this CASE STUDY ...