Veterans can now buy a business with $0 of their own equity
If you served, and the equity injection is what’s kept you from buying a business, this one is for you. Under the October 2026 rules, seller standby notes and minority investor equity could cover only half of the 10%. The rest had to come from the buyer. This week, for National Veterans Small Business Week, SBA set that limit aside for veterans. Eligible veterans can now buy a business with $0 of their own equity. The deal still needs its 10%, but all of it can come from seller notes or other debt on full standby and minority investors. Veterans must own at least 50% of the business after closing, and the SBA loan number must be issued by September 30, 2027. Not every lender will do these deals, but we believe many in our network will. If this changes the math on a deal you’re looking at, send me a message. SBA Procedural Noticeredacted: redacted Thank you for your service.
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