SBA Loan

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wadeger

544 Posts

Posted - 06/23/2009 : 5:33:59 PM

am not sure if SBA is the answer to help my client. He wants to buy an existing medical business for $450,000 in Southern California. No property included. Supposedly, the financials are strong on the business being purchased. Think the seller is simply retiring. Anyhow, does anyone have a direction to help this physician purchase this practice? Thank you for any suggestions.

dwallace

784 Posts

Posted - 06/23/2009 : 9:33:23 PM

We do practice/business acquisitions frequently. I think the SBA 7a program would be the best and possibly only route.

Please call or email me with more details.

champakstmtn

19 Posts

Posted - 07/04/2009 : 10:25:52 PM

Yes SBA may be good ..but not only route.

I have lender do 100% acquisition ..for
doctors...

However, amount is too small...and co-broker

with you --does not make sense..

I prefer One Million and up...

Champak C Shah
Commercial Mortgage Broker..

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