Has anyone here acquired an SMB as a non-American citizen / foreigner?

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February 07, 2024

by a searcher from Dartmouth College in Austin, TX, USA

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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I concur with Kirupa, that the lending options for foreigners are very slim if not almost non-existent. The only other option you have is with the SBA 7A loan program you can partner with a US owner and acquire a business. The US owner(s) would need to have a 51% ownership interest and you could have a 49% ownership interest. You could bring as much of the capital as necessary to the table to make the deal work. Again, the key is having 51% or more owned and controlled by US partners. If you would like to discuss I would be happy to do so. You can reach me here or directly at redacted Good luck with your serarch.
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Reply by a searcher
from Florida Institute of Technology in Salt Lake City, UT, USA
If you have enough capital, yes. You wont qualify for a loan if you are a forigners. Banks wont lend you money either. Private equity will, but in my prespective you are working for them and it become a job, at that point.
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