Changes to SBA Policy
New changes are happening to SBA loans. 2 of the key topics are partial ownership buyouts and equity injection requirements. These two revisions are huge benefits to borrowers.
Prior to this, buyouts required to have a 100% change but now, you can have existing owners sell only a portion of their ownership. So many new changes to help small business owners get financing they need. Reach out to us to see how these new changes can help benefit you.
August 1st is the effective date for these changes and you don't have to wait until then to start on your project.
The team at Blue Water Capital Advisors has extensive experience in SBA lending on the banking side. Our team has over 20+ years of commercial banking experience and has significant knowledge of the SBA’s policies.
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