Using Investors to Buy a Business with SBA
Acquiring Minds
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How to Get a $300,000 SBA Loan
Anyone that owns over 20% of the economic interest, which is both like ownership, but also if there's a preferred return. To get to your 300,000, you're usually not doing it with one person,. You're getting it with a group of folks because no investor wants to put a personal guarantee on a business they're not all put closely.
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