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September 21, 2009

SBA Easing Limits On "Goodwill" For Small Business Purchases

                              Good News!

Starting in October, the SBA is raising the cap on its guarantee of goodwill financing to $500,000. If the goodwill financing exceeds that amount, the SBA will recommend that lenders consider requiring more equity from the borrower or seller.

So, if you are buying or selling a business, franchise, or non-franchise, you have a little room to maneuver...

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Posted by on September 21, 2009 |

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About This Blog

  • This blog is focused on Veterans that are interested in exploring franchise opportunities to invest in, as well as current Veteran franchise and small owners. Joel Libava, a franchise industry veteran, provides tips, keeps you updated on franchise trends, and posts up to the minute franchise news and views.
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  • The Franchise King®
    Joel Libava
    Franchise Selection Specialists Inc.
    Cleveland, Oh 44118
    ph 216-831-2610