Although there are several options available for funding the purchase of a business, many buyers choose to utilize SBA-backed financing. The first step in your acquisition process should be to identify a lender you trust and get an understanding of your purchasing power.
The SBA process can be a long and complicated journey for both the buyer and the seller. Having an experienced, competent lender is critical to a successful closing. Just as importantly, engaging with an “SBA preferred” lender can shave weeks to months off of your closing schedule (not all SBA lenders are built equally!)
The SBA-preferred lenders listed below have consistently proven to be reliable and efficient.
*Springfield Strategies may receive a referral fee from lending partners.
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