In this webinar, Ray Drew explains the steps and prerequisites for securing an SBA 7A loan, particularly for business expansion or acquisition. The webinar delves into the loan's versatile applications, including real estate purchases, acquiring existing businesses, and supporting operational funds. Notable points include the adaptable underwriting process and the significance of factors like credit history, personal financial capacity, and pertinent managerial expertise. Ray also advises caution regarding warning signs, such as sellers who resist offering financing or declining a non-compete pact.

Watch the webinar below to get the full details!