In this episode of Jackquisitions, Jack sits down with Alan Peterson from First Internet Bank to demystify the world of SBA lending for business acquisitions.

Alan shares what most acquirers miss when evaluating loan options—including why gut instinct matters just as much as financials, how to approach deals with transparency, and when to prioritize prequalification over perfection. Whether you're exploring the 7(a), 504, or SBA Express, Alan breaks down the programs in clear terms—and how to use them to your advantage in today’s competitive acquisition market.

If you're planning to buy or expand a small business, this episode is your roadmap to leveraging SBA financing like a pro.

⚡ What You’ll Learn
How to choose between SBA 7(a), 504, and Express programs
Why being personable and transparent wins deals
The real impact of personal guarantees and collateralization
How to get prequalified—and why it gives you an edge
What “off-market” really means in a tight deal flow environment
How SBA loans can fuel both acquisitions and expansions
Why waiting for the perfect deal might cost you everything
The overlooked value of lender support throughout the buying process

💼 Special Thanks to First Internet Bank!

Looking to buy or expand a business? First Internet Bank is a National Preferred SBA lender specializing in acquisitions for the skilled trades. Their SBA loan program offers up to 90% financing for business acquisitions, partner buyouts, and commercial real estate—plus optional lines of credit to fuel future growth. Unlike traditional lenders, they take a “how can we” approach, making deals happen for both first-time buyers and experienced operators.

👉 Special Offer: Mention Owned and Operated for a reduced good faith deposit and a complimentary deal review + buyside prequalification.

Connect with Alan Peterson from First Internet Bank here to get started

👤 Hosted by
Jack Carr

👤 Episode Guest
Alan Peterson

Send us a text

Jackquisitions Newsletter — Your favorite source for how to buy small businesses. Real insights, smart strategies, zero gurus.

🖊️ Sign up HERE for more insights

📢 Enjoyed the episode?
✅ Like, Comment & Subscribe for weekly insights on business acquisitions, deal flow, marketing, and growth strategies!

📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.

#639 Drawn To The Dark Side - Michelle E

Mental Illness Happy Hour

The Power of Music as Catharsis

The AI-powered Podcast Player