Today I'm speaking with Lisa Forrest, a lender who specializes in SBA financing for small business acquisition. So kind of the most relevant type of lender for an acquisition entrepreneur. And really, the ability to use a lot of leverage to buy a cash-flowing business is part of what makes acquisition entrepreneurship possible. I knew the basics of an SBA loan and how it works, but I had on Lisa to really walk through it all for me. We discuss a ton of topics: How to evaluate a lender to work with for your acquisition How a lender will evaluate you and your deal What are some of the key criteria to consider in a loan Common pitfalls that Lisa sees acquisition entrepreneurs make Digital businesses, and how SBA can or can't work with SaaS and e-commerce What happens if the business you've acquired has a cash crunch And more If you're new to this, you're going to learn a ton from Lisa here. I'd also recommend pairing this episode with my Steve Ressler interview of a couple weeks ago, where we talk about working with investors to do an acquisition. Between these two episodes, you will ramp up your financial knowledge quickly if you're just starting out. Okay, here she is, Lisa Forrest of Live Oak Bank.