Wondering How to Fund an Acquisition? Entrepreneur Josh Tolley Recommends Taking This First Step
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MAY 1, 2024
That lender is encouraged to give him or her the loan because the SBA will back 75–90% of the loan for the bank. This means the bank has virtually no risk on the loan they offer, and they will typically hold on to 15% and sell the rest. Either way, you need a new financial planner if they didn’t tell you what I’m about to.
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