SBA loan
1 creator use or recommend it
▲ 1 active in the last 90 days
Small Business Administration loans are government-backed loans designed to help small businesses access funding with lower down payments and favorable terms.
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"We bought it with an SBA loan. It was like the polar opposite of what I had been doing throughout my career."
More from Nick Haschka →"I have another friend in the business that started around the same time. He took an SBA loan for like 50 grand and was open 7 days after he did his lease."
More from Justin Hall →"If you take that same 200k and you put 10% down on a $2 million business and you finance the rest with an SBA loan, assuming an industry standard growth rate of 5% — less than the stock market — you will profit $5.1 million. That is over 30x the r..."
More from Codie Sanchez →+2 more mentions from Codie
"Creative financing. SBA loans. Seller financing. You don't need all the money. You need the deal structured right."
"He bought one that already worked using an SBA loan for 800K. The bank took most of the risk and he kept the upside."
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