Last week’s ETA Conference in Chicago made one thing very clear: the market is evolving fast — and the buyers who understand today’s SBA and non-SBA lending landscape will have a significant advantage going into 2025. Our CEO, Matthias Smith, just released his latest newsletter with key takeaways from the event, including: • What the SBA shutdown means for buyers now that the agency is fully reopened • Why first-time buyers must think carefully about leverage and capitalization • Common mistakes new owners make in their first 12–18 months • Pioneer Capital’s expansion into non-SBA acquisition financing • Recent deal structures that helped our clients close with confidence If you're buying a business — SBA or non-SBA — this is a must-read. Subscribe to Matthias’ newsletter here: redacted And if you're planning to buy a business, let's connect! redacted redacted