VIRTUAL webinar
7 attending
New SBA SOP: What Changed, What Didn't, and What It Means for Buyers
Virtual event
The SBA released updates to the acquisition lending rules last week. The takes are already flying, and a lot of them are wrong. On Tuesday, August 18 at 12:30 PM ET, @redacted‌ and I will break down what changed in SOPredactedand what it means for a deal you are working on right now. We are going through it point by point. Quality of Earnings thresholds, debt service coverage, equity injection and investor capital, seller financing, and what now counts as a Business Expansion. We'll also cover what didn't change, which is most of it. Drew is both a transactional attorney and an SBA loan broker, so he reads these documents from both a lender's perspective and a lawyer's. That combination is rare, and it matters when the language is new and everyone is guessing at what it means. Bring your deal and your questions. We're are answering live.
Event Type:
webinar
Format:
Virtual
Start Time:
Duration:
1 hr