Financing Options in Florida – SBA Loans
Financing Options
International Business Brokers realizes that it is important a buyer or seller know the value of a business. If the SBA, a conventional bank, or seller is financing, both buyer & seller should have a clear idea as to the function of cash flow. It is advised for both buyer & seller have an accountant to verify information.
SBA Loans
The SBA is the Small Business Administration Loan Guarantee Program; loans have long amortization periods (ten years), and up to 70 percent financing (more than usually available with the seller-financed sale). It does not fund the money only guarantee the money from one of its participating banks. Contact us for their loan packages. Typically, it will require that the buyer and seller both contribute to the financing.
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