Thinking about buying a home service business with an SBA loan? This episode is your go-to guide. Jackquisitions sits down with Alan Peterson—who closed over $70 million in SBA acquisition financing last year—to break down how to structure high-leverage deals, navigate the latest SBA loan rule changes, and avoid the costly mistakes many first-time buyers make.
If you're serious about acquiring a home service business and want a financing strategy that actually works, this episode is a must-listen.
🔹 In This Episode, We Cover:
- How to use SBA loans to buy your first home service business
- The $70M+ playbook Alan used in 2024 for acquisition funding
- Why having the right deal team is critical (and what to avoid)
- The latest changes to SBA rules (including seller note restrictions)
- Multi-step acquisitions: what just got harder and why
- Pro tips for working capital, due diligence, and pre-LOI strategy
- How early-stage buyers can stand out and get taken seriously
- Why personalized financial statements are a game changer
- How Alan helps operators with pre-qual letters and deal reviews
🌐 More resources: https://www.ownedandoperated.com
👤 Hosted by:
Jack Carr
🎧 Guest:
Alan Peterson
💼 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
💼 Shoutout to Appletree Business Services
HVAC and plumbing pros—ditch tax surprises and unresponsive accountants. Appletree handles your books, taxes, payroll, and acquisitions, and they know tools like ServiceTitan cold.
🎁 Get a free tax & financial review or 10% off a QOE report.
👉 Book a call at appletreebusiness.com — tell Patrick Jack sent you.
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John Wilson, CEO of Wilson Companies
Jack Carr, CEO of Rapid HVAC
📌 Disclaimer:
Some links may include UTM parameters for tracking. Episodes may feature paid sponsors, but all opinions are our own. Always do your own research before making business decisions.
