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by a searcher from Wabash College
in Chicago, IL, USA
1mo ago
Can SBA 7a be used for a partial/minority stake buyout?
For example, could you max out the program ($5m) for a less than 50% equity stake?
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reply by an admin
1mo ago
from Massachusetts Institute of Technology in Portland, OR, USA
^
redacted
might also be able to help here. Press @ to tag someone else! :-)
reply by a lender
1mo ago
from University of Southern California in Los Angeles, California, USA
Hi Anon - Yes, absolutely you can use the SBA 7a and buy 21% of the business for $5m. You and the seller will have to co-pg the loan.
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