Jon talks to Stephen Speer about his company and doing Ecommerce SBA loans
03:02 Ecommerce SBA loans buckets
06:01 How does he score acumen of buyer
08:46 When do they reach out to Stephen - see links below
11:15 What if acquisition target change business model
13:01 First time buyers or serial acquirers
13:49 Can you get multiple SBA loans - cap
16:04 Money for larger acquisitions - no man's land.
20:10 Who pays for the Quality of Earnings Report
21:40 what does finance amount look like in bigger deals
22:08 How much do buyers need to put in - skin in the game?
23:10 How many investors can be in the acquisition team
24:13 Why does lender only look at trailing 12 months?
27:15 His deal with Centurica friends with Buyer and Seller
28:38 How long does loan process take?
30:13 Asset or stock purchase on larger ecomm deals - pain in the ass factor
32:30 What he needs to start looking at deal
33:05 What about absentee ownership
34:18 What does equity rollover look like?
36:00 common seller note
37:46 my experience hiring an investment bank - dropping $25k
40:30 his clients: 98% success rate - getting loan
43:27 Going up market
44:23 when do I pay that $25k - to this new Capital Access Fund