Curious how other searchers and acquisition entrepreneurs are approaching the updated SBA requirements, particularly around minority investors and equity injections. The restrictions on distributions to non-controlling minority investors whose capital counts toward the required equity injection seem to remove some important negotiating tools when raising acquisition capital. Historically, preferred returns, profit-sharing arrangements, and distribution waterfalls have been ways to attract investors while allowing the acquiring owner to retain operational control. A few questions for those actively working on acquisitions: How are you structuring minority investor returns under the new requirements? Are preferred returns and profit-sharing arrangements effectively off the table until the SBA loan is repaid? Are you seeing more reliance on seller financing or conventional acquisition loans? Have lenders offered any workable interpretations or alternative structures? Interested in hearing what others are seeing in practice, especially from those currently working with SBA lenders on acquisition financing. Sebastian