When it comes to purchasing a professional services business, identifying the right financing partner and capital structure can be a challenge. But that doesn’t have to stop a buyer from proceeding.
Recent changes to rules for loans backed by the U.S. Small Business Administration (SBA) make it easier to use an SBA loan for partner buyouts and acquisitions. Third-party sales are the most desired exit path among business owners, according to the Business Exit Institute’s 2022 BEI Business Owner…
