Acquiring Young Businesses & SBA Funding Alternatives

searcher profile

October 27, 2023

by a searcher from Babson College in Amherst, MA, USA

Has anyone successfully acquired a business that is relatively young (1-2 years old) and therefore ineligible for SBA funding? I've encountered a couple with strong recurring monthly revenue seeking a###-###-#### multiple. Can you share your experiences, and/or funding options outside of the SBA for such ventures?

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I concur with Tzvi. Although a lender might want two years plus of history, that is not true of all lenders and is not an SBA requirement. If we can be of any assistance feel free to reach out to me here or directly at redacted
commentor profile
Reply by a lender
in Lakewood, NJ 08701, USA
There are SBA lenders that would finance the acquisition of a young company if the buyer has industry experience.
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