What DSCR does an SBA lender need? SBA 7(a) acquisition loans require at least 1.25x debt service coverage on historical earnings. Here is what that means and why it is a floor, not a cushion.
How does a seller note work? A seller note is part of the price the seller agrees to be paid over time. How it works, how it fits with an SBA loan, and what to check before you sign.
What goes in an LOI? A letter of intent sets the price, structure and terms before diligence. Here is what a first-time buyer's LOI should cover, plus a free 10-question checklist.