Many of you plan to use the SBA 7a program to finance your acquisition - and a few BIG changes are coming Oct 1st.
- 5% minimum equity injection from the buyer
- QoE required on deals > $3M
- And several others
And that's not including lender post-liquidity requirements.
If you're wondering how your deal stacks up in this new environment, I created a SBA Stress Test tool to show you how. Input your capital structure details and see if your deal 'pencils out' before engaging with a lender or SBA broker.
What are your questions following this latest change? Let me know below!