There's a company i'm interested in buying.
what is the maximum allowable time for a seller to stay on board post-closing as allowed by SBA lending?
While it's not necessary for them to stay on board longer than 6 months it would definitely make things a lot easier for me in the long run for them to stay on as long as possible.
Also is there any type of pay/incentive structure you guys recommend in regards to making sure the owner is doing the best they possibly can post-close?
SBA lending - Owner's post-close involvement
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