Because the SBA is guaranteeing the mortgage they have some requirements for both the buyer and the seller when it comes to the structure of your deal for you to buy a business. For both the customer and vendor, these types of needs are very favorable.
The Customer Accounts For At The Least 10percent
For the an element of the loan that the lender will likely not protect, a customer and vendor may negotiate how that area of the purchase pricing is covered. (more…)